# 116-hr-6333: To establish a Small Business Financial Assistance Program to support small businesses during the COVID-19 emergency, and for other purposes.

116-hr-6333, To establish a Small Business Financial Assistance Program to support small businesses during the COVID-19 emergency, and for other purposes., is a 116th Congress bill sponsored by Rep. Beatty, Joyce [D-OH-3] (D-OH); status Referred to the Committee on Small Business, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-6333
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-6333
- Congress: 116
- Title: To establish a Small Business Financial Assistance Program to support small businesses during the COVID-19 emergency, and for other purposes.
- Status: Referred to the Committee on Small Business, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Introduced: 2020-03-23
- Sponsor: Rep. Beatty, Joyce [D-OH-3] (D-OH)
- Cosponsors: 1
- Policy area: Commerce
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

This bill requires the Department of the Treasury to establish a Small Business Financial Assistance Program to provide loans and loan guarantees to small businesses. Such loans shall be zero-interest loans, provided a recipient does not involuntarily terminate any employee during the COVID-19 (i.e., coronavirus disease 2019) emergency. If a recipient demonstrates that its full-time employment has not decreased after one year, the Treasury shall forgive the remaining outstanding principal and interest on such loan or loan guarantee. Further, the Treasury may, upon request, provide applicants with a cash advance on such loans.

## Cosponsors (1)

- Rep. Waters, Maxine [D-CA-43] (D-CA), 2020-05-05T00:00:00.000Z

## Related bills

- 116-hr-8595: To nullify the effect of Executive Order 13950 relating to combating race and sex stereotyping.
- 116-hr-8352: Jobs and Justice Act of 2020
- 116-hr-8345: Air Carrier Worker Support Extension Act of 2020
- 116-hr-8015: Delivering for America Act
- 116-hr-7993: Promoting and Advancing Communities of Color through Inclusive Lending Act
- 116-hr-7796: Consumer Relief during COVID–19 Act

## Sources
- [116-hr-6333 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/6333)

## Related
- [116-hr-8595: To nullify the effect of Executive Order 13950 relating to combating race and s…](https://policyrisk.com/legislation/116-hr-8595)
- [116-hr-8352: Jobs and Justice Act of 2020](https://policyrisk.com/legislation/116-hr-8352)
- [116-hr-8345: Air Carrier Worker Support Extension Act of 2020](https://policyrisk.com/legislation/116-hr-8345)
- [116-hr-8015: Delivering for America Act](https://policyrisk.com/legislation/116-hr-8015)
- [116-hr-7993: Promoting and Advancing Communities of Color through Inclusive Lending Act](https://policyrisk.com/legislation/116-hr-7993)
- [116-hr-7796: Consumer Relief during COVID–19 Act](https://policyrisk.com/legislation/116-hr-7796)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-6333 (as of 2025-11-18).