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Small Business Lending Continuity Act of 2020

Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 116-604.

Official summary

Version 00 · Introduced in Senate · May 20, 2020

Small Business Lending Continuity Act of 2020

This bill revises the authorization for certain Small Business Administration (SBA) loan products currently linked to the Paycheck Protection Program that was implemented in response to COVID-19 (i.e., coronavirus disease 2019).

Under current law, the authorization for the Paycheck Protection Program and the SBA's standard small business loan products (the 7(a) loan program) are combined into one joint authorization for the duration of the Paycheck Protection Program. The bill returns the 7(a) loan program to the purview of its stand-alone authorization to prevent it from being terminated upon the two programs' attainment of the joint authorization cap.

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Who introduced it

Sen. Duckworth, Tammy [D-IL] · D–IL

Committees

  • Small Business and Entrepreneurship Committee
6 cosponsorship records, including any withdrawals

Actions

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  1. Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 116-604.

  2. Held at the desk.

  3. Received in the House.

  4. Message on Senate action sent to the House.

  5. Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Unanimous Consent. (consideration: CR S2560; text: CR S2560)

  6. Passed/agreed to in Senate: Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Unanimous Consent.(consideration: CR S2560; text: CR S2560)

  7. Introduced in Senate

Bill text & related measures

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Related bills identified by Congress.gov

No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.

Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.

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