117-hr-1799117th CongressWALLET

PPP Extension Act of 2021

Sponsored By: Representative Bourdeaux, Carolyn [D-GA-7]

Became Law

Summary

Extends the Paycheck Protection Program covered period to June 30, 2021. This law replaces the prior March 31 deadline and adds a short transition window that limits new lender sign-ups in June.

Show full summary

Small businesses and nonprofits: They can apply for PPP loans through June 30, 2021, giving more time to seek loan relief.
Lenders and potential PPP lenders: From June 1 through June 30, 2021 the Small Business Administration will not accept new lender applications and will only process those submitted before June 1.
Federal budget scoring: The law directs that its budgetary effects not be entered on Pay-As-You-Go (PAYGO) scorecards.

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 1 benefits, 1 costs, 0 mixed.

PPP loans available through June 30

The law extends the Paycheck Protection Program deadline from March 31, 2021 to June 30, 2021. Small businesses and nonprofits can get PPP loans through June 30, 2021. This change takes effect when the law is enacted.

June pause on new PPP lenders

From June 1 to June 30, 2021, the SBA does not accept new PPP lender applications. It only processes lender applications sent before June 1. Borrowers may have fewer lender options during June.

Sponsors & CoSponsors

Sponsor

Bourdeaux, Carolyn [D-GA-7]

GA • D

Cosponsors

Rep. Kim, Young [R-CA-40]
CA • R
Sponsored 3/11/2021
Rep. Velázquez, Nydia M. [D-NY-7]
NY • D
Sponsored 3/11/2021
Rep. Luetkemeyer, Blaine [R-MO-3]
MO • R
Sponsored 3/11/2021
Rep. Phillips, Dean [D-MN-3]
MN • D
Sponsored 3/12/2021
Rep. Fitzpatrick, Brian K. [R-PA-1]
PA • R
Sponsored 3/12/2021
Rep. Newman, Marie [D-IL-3]
IL • D
Sponsored 3/12/2021
Rep. Tenney, Claudia [R-NY-24]
NY • R
Sponsored 3/12/2021
Rep. Craig, Angie [D-MN-2]
MN • D
Sponsored 3/12/2021
Rep. McKinley, David B. [R-WV-1]
WV • R
Sponsored 3/12/2021
Rep. Chabot, Steve [R-OH-1]
OH • R
Sponsored 3/12/2021
Rep. Walberg, Tim [R-MI-5]
MI • R
Sponsored 3/12/2021
Sen. Budd, Ted [R-NC]
NC • R
Sponsored 3/12/2021
Rep. Meuser, Daniel [R-PA-9]
PA • R
Sponsored 3/12/2021
Rep. Murphy, Gregory F. [R-NC-3]
NC • R
Sponsored 3/12/2021
Rep. Waltz, Michael [R-FL-6]
FL • R
Sponsored 3/12/2021
Rep. Evans, Dwight [D-PA-3]
PA • D
Sponsored 3/12/2021
Rep. Stauber, Pete [R-MN-8]
MN • R
Sponsored 3/16/2021
Del. Norton, Eleanor Holmes [D-DC-At Large]
DC • D
Sponsored 3/16/2021
Rep. Kustoff, David [R-TN-8]
TN • R
Sponsored 3/16/2021
Rep. Bonamici, Suzanne [D-OR-1]
OR • D
Sponsored 3/16/2021
Rep. Issa, Darrell [R-CA-48]
CA • R
Sponsored 3/16/2021
Rep. Sewell, Terri A. [D-AL-7]
AL • D
Sponsored 3/16/2021
Rep. Bilirakis, Gus M. [R-FL-12]
FL • R
Sponsored 3/16/2021
Rep. Suozzi, Thomas R. [D-NY-3]
NY • D
Sponsored 3/16/2021
Rep. Wenstrup, Brad R. [R-OH-2]
OH • R
Sponsored 3/16/2021
Rep. Spanberger, Abigail Davis [D-VA-7]
VA • D
Sponsored 3/16/2021
Rep. Hagedorn, Jim [R-MN-1]
MN • R
Sponsored 3/16/2021
Rep. Wild, Susan [D-PA-7]
PA • D
Sponsored 3/16/2021
Rep. Hinson, Ashley [R-IA-2]
IA • R
Sponsored 3/16/2021
Rep. Case, Ed [D-HI-1]
HI • D
Sponsored 3/16/2021
Rep. Ryan, Tim [D-OH-13]
OH • D
Sponsored 3/16/2021
Rep. Ross, Deborah K. [D-NC-2]
NC • D
Sponsored 3/16/2021
Sen. Slotkin, Elissa [D-MI]
MI • D
Sponsored 3/16/2021
Rep. Rush, Bobby L. [D-IL-1]
IL • D
Sponsored 3/16/2021
Rep. Williams, Nikema [D-GA-5]
GA • D
Sponsored 3/16/2021
Rep. Gottheimer, Josh [D-NJ-5]
NJ • D
Sponsored 3/16/2021
Rep. Raskin, Jamie [D-MD-8]
MD • D
Sponsored 3/16/2021
Rep. Smith, Adam [D-WA-9]
WA • D
Sponsored 3/16/2021
Rep. Maloney, Carolyn B. [D-NY-12]
NY • D
Sponsored 3/16/2021
Rep. McMorris Rodgers, Cathy [R-WA-5]
WA • R
Sponsored 3/16/2021
Rep. Morelle, Joseph D. [D-NY-25]
NY • D
Sponsored 3/16/2021
Rep. Jacobs, Chris [R-NY-27]
NY • R
Sponsored 3/16/2021
Rep. Meng, Grace [D-NY-6]
NY • D
Sponsored 3/16/2021
Rep. Herrera Beutler, Jaime [R-WA-3]
WA • R
Sponsored 3/16/2021
Rep. Schrader, Kurt [D-OR-5]
OR • D
Sponsored 3/16/2021
Rep. Foster, Bill [D-IL-11]
IL • D
Sponsored 3/16/2021
Rep. Tonko, Paul [D-NY-20]
NY • D
Sponsored 3/16/2021
Rep. Cárdenas, Tony [D-CA-29]
CA • D
Sponsored 3/16/2021
Rep. Espaillat, Adriano [D-NY-13]
NY • D
Sponsored 3/16/2021
Rep. Emmer, Tom [R-MN-6]
MN • R
Sponsored 3/16/2021
Rep. Schneider, Bradley Scott [D-IL-10]
IL • D
Sponsored 3/16/2021
Rep. Pappas, Chris [D-NH-1]
NH • D
Sponsored 3/16/2021
Rep. Cohen, Steve [D-TN-9]
TN • D
Sponsored 3/16/2021
Rep. Price, David E. [D-NC-4]
NC • D
Sponsored 3/16/2021
Rep. DeFazio, Peter A. [D-OR-4]
OR • D
Sponsored 3/16/2021
Rep. Axne, Cynthia [D-IA-3]
IA • D
Sponsored 3/16/2021
Sen. Welch, Peter [D-VT]
VT • D
Sponsored 3/16/2021
Del. Plaskett, Stacey E. [D-VI-At Large]
VI • D
Sponsored 3/16/2021
Rep. Horsford, Steven [D-NV-4]
NV • D
Sponsored 3/16/2021
Rep. Lawson, Al, Jr. [D-FL-5]
FL • D
Sponsored 3/16/2021
Rep. Cicilline, David N. [D-RI-1]
RI • D
Sponsored 3/16/2021
Rep. Bustos, Cheri [D-IL-17]
IL • D
Sponsored 3/16/2021
Rep. Meeks, Gregory W. [D-NY-5]
NY • D
Sponsored 3/16/2021
Rep. Matsui, Doris O. [D-CA-7]
CA • D
Sponsored 3/16/2021
Rep. Adams, Alma S. [D-NC-12]
NC • D
Sponsored 3/16/2021
Rep. McBath, Lucy [D-GA-6]
GA • D
Sponsored 3/16/2021
Rep. Hastings, Alcee L. [D-FL-20]
FL • D
Sponsored 3/16/2021
Rep. Sherrill, Mikie [D-NJ-11]
NJ • D
Sponsored 3/16/2021
Rep. Eshoo, Anna G. [D-CA-16]
CA • D
Sponsored 3/16/2021
Rep. Fletcher, Lizzie [D-TX-7]
TX • D
Sponsored 3/16/2021
Resident Commissioner González-Colón, Jenniffer [R-PR-At Large]
PR • R
Sponsored 3/16/2021
Rep. Davis, Danny K. [D-IL-7]
IL • D
Sponsored 3/16/2021
Rep. Scanlon, Mary Gay [D-PA-5]
PA • D
Sponsored 3/16/2021
Rep. Lawrence, Brenda L. [D-MI-14]
MI • D
Sponsored 3/16/2021
Rep. Barragán, Nanette Diaz [D-CA-44]
CA • D
Sponsored 3/16/2021
Rep. Mfume, Kweisi [D-MD-7]
MD • D
Sponsored 3/16/2021
Rep. Salazar, Maria Elvira [R-FL-27]
FL • R
Sponsored 3/16/2021
Rep. Carbajal, Salud O. [D-CA-24]
CA • D
Sponsored 3/16/2021
Rep. Wasserman Schultz, Debbie [D-FL-25]
FL • D
Sponsored 3/16/2021
Rep. Van Drew, Jefferson [R-NJ-2]
NJ • R
Sponsored 3/16/2021
Rep. Bucshon, Larry [R-IN-8]
IN • R
Sponsored 3/16/2021
Rep. Levin, Mike [D-CA-49]
CA • D
Sponsored 3/16/2021
Rep. Hudson, Richard [R-NC-9]
NC • R
Sponsored 3/16/2021
Del. Sablan, Gregorio Kilili Camacho [D-MP-At Large]
MP • D
Sponsored 3/16/2021
Rep. McGovern, James P. [D-MA-2]
MA • D
Sponsored 3/16/2021
Rep. Vargas, Juan [D-CA-52]
CA • D
Sponsored 3/16/2021
Rep. Van Duyne, Beth [R-TX-24]
TX • R
Sponsored 3/16/2021
Rep. O'Halleran, Tom [D-AZ-1]
AZ • D
Sponsored 3/16/2021
Rep. Taylor, Van [R-TX-3]
TX • R
Sponsored 3/16/2021
Rep. Trahan, Lori [D-MA-3]
MA • D
Sponsored 3/16/2021
Del. San Nicolas, Michael F. Q. [D-GU-At Large]
GU • D
Sponsored 3/16/2021
Rep. Murphy, Stephanie N. [D-FL-7]
FL • D
Sponsored 3/16/2021
Rep. Kirkpatrick, Ann [D-AZ-1]
AZ • D
Sponsored 3/16/2021
Rep. Strickland, Marilyn [D-WA-10]
WA • D
Sponsored 3/16/2021
Rep. Delgado, Antonio [D-NY-19]
NY • D
Sponsored 3/16/2021
Rep. Peters, Scott H. [D-CA-50]
CA • D
Sponsored 3/16/2021
Rep. Pascrell, Bill, Jr. [D-NJ-9]
NJ • D
Sponsored 3/16/2021
Rep. Garamendi, John [D-CA-8]
CA • D
Sponsored 3/16/2021
Del. Radewagen, Aumua Amata Coleman [R-AS-At Large]
AS • R
Sponsored 3/16/2021
Rep. Wexton, Jennifer [D-VA-10]
VA • D
Sponsored 3/16/2021
Rep. Johnson, Henry C. "Hank" [D-GA-4]
GA • D
Sponsored 3/16/2021

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov

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Back to Legislation

PPP Extension Act of 2021

Summary

How does this bill affect your finances?

Bill Overview

Analyzed Economic Effects

High Impact

PPP loans available through June 30

Low Impact

June pause on new PPP lenders

Sponsors & CoSponsors

Sponsor

Cosponsors

Roll Call Votes

Related Bills

Live Policy Activity

Not In My Barn Yard Act

Other Activity On This Topic

DOL Rewrites Disability Rules for 'Merit-Based Opportunity' Push

How These Connect

Deep Dive

Federal Debt & the Debt Ceiling

Commercial Space Launch & Regulation

Related Bills

Live Policy Activity

Not In My Barn Yard Act

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DOL Rewrites Disability Rules for 'Merit-Based Opportunity' Push

How These Connect

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