Pub. L. 116-260, div. N, tit. III, sec. 343

COVERED PERIOD FOR NEW PARAGRAPH (36) LOANS.

EnactedYear: 2020Length: 92 wordsOfficial source
SEC. 343. COVERED PERIOD FOR NEW PARAGRAPH (36) LOANS.(a) In General.—Section 7(a)(36)(A)(iii) of the Small Business Act (15 U.S.C. 636(a)(36)(A)(iii)) is amended by striking “December 31, 2020” and inserting “March 31, 2021”.(b) Effective Date; Applicability.—The amendment made by subsection (a) shall be effective as if included in the CARES Act (Public Law 116–136; 134 Stat. 281) and shall apply to any loan made pursuant to section 7(a)(36) of the Small Business Act (15 U.S.C. 636(a)(36)) before, on, or after the date of enactment of this Act, including forgiveness of such a loan.
Pub. L. 116-260, div. N, tit. III, sec. 343: COVERED PERIOD FOR NEW PARAGRAPH (36) LOANS. | Justis AI