We don’t have a summary available yet.
The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Mar 23, 2020.
Small Business COVID-19 Recovery Grants Act of 2020
This bill requires the Small Business Administration to provide grants to small businesses that have suffered substantial economic injury as a result of COVID-19 (i.e., coronavirus disease 2019).
Such grants may not exceed a specified amount and may be used to address direct effects of COVID-19, including (1) providing paid sick leave to employees, (2) maintaining payroll, and (3) meeting increased supply chain costs.