# 116-hr-6755: PPP Small Business Support Act

116-hr-6755, PPP Small Business Support Act, is a 116th Congress bill sponsored by Rep. Foster, Bill [D-IL-11] (D-IL); status Referred to the House Committee on Small Business. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-6755
- 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-6755
- Congress: 116
- Title: PPP Small Business Support Act
- Status: Referred to the House Committee on Small Business.
- Introduced: 2020-05-08
- Sponsor: Rep. Foster, Bill [D-IL-11] (D-IL)
- Cosponsors: 0
- Policy area: Commerce
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

PPP Small Business Support Act This bill revises reimbursement requirements pursuant to which the Small Business Administration (SBA) provides funds to lenders participating in the Paycheck Protection Program established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019). Specifically, the bill requires the SBA to give a lender that makes a paycheck protection loan a reimbursement of $1,000 for each such loan, with graduated additional amounts distributed to a lender based on the amount of the loan. The bill also provides a further reimbursement of $250 for each paycheck protection loan that a lender with consolidated assets of less than $50 billion provides to a new customer. Further, the bill requires the SBA to determine whether demand for paycheck protection loans is likely to exceed any future appropriated amounts and, if so, to prioritize providing guarantees for loans of $300,000 or less.

## Related bills

- 116-hr-8924: Our Homes, Our Votes Act
- 116-hr-8820: PASS Act
- 116-hr-8797: Commission on American Civics Education Act of 2020
- 116-hr-8745: Innovation Centers Acceleration Act
- 116-hr-8740: Strengthening Cybersecurity for the Financial Sector Act of 2020
- 116-hr-8664: PPE for Safe Schools Act

## Sources
- [116-hr-6755 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/6755)

## Related
- [116-hr-8924: Our Homes, Our Votes Act](https://policyrisk.com/legislation/116-hr-8924)
- [116-hr-8820: PASS Act](https://policyrisk.com/legislation/116-hr-8820)
- [116-hr-8797: Commission on American Civics Education Act of 2020](https://policyrisk.com/legislation/116-hr-8797)
- [116-hr-8745: Innovation Centers Acceleration Act](https://policyrisk.com/legislation/116-hr-8745)
- [116-hr-8740: Strengthening Cybersecurity for the Financial Sector Act of 2020](https://policyrisk.com/legislation/116-hr-8740)
- [116-hr-8664: PPE for Safe Schools Act](https://policyrisk.com/legislation/116-hr-8664)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-6755 (as of 2025-11-18).