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S. 4321: Continuing Small Business Recovery and Paycheck Protection Program Act

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A bill to establish the Paycheck Protection Program Second Draw Loan and amend 7(a) loan guaranty program for recovery sector business concerns, and for other purposes.

The bill’s titles are written by its sponsor.

Sponsor and status

Marco Rubio

Sponsor. Senior Senator for Florida. Republican.

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Last Updated: Jul 27, 2020
Length: 92 pages
Jul 27, 2020
116th Congress (2019–2021)

Introduced on Jul 27, 2020

This bill is in the first stage of the legislative process. It was introduced into Congress on July 27, 2020. It will typically be considered by committee next before it is possibly sent on to the House or Senate as a whole.

6% chance of being enacted according to Skopos Labs (details)

Position statements

What legislators are saying

WTAS: Chairman Rubio, Collins Phase IV Small Business Relief Package Garners Praise for an Equitable, Long-term Recovery
    — Sen. Marco Rubio [R-FL] (Sponsor) on Aug 6, 2020

Senators Collins, Rubio Receive Support from Small Business Community on the Phase IV Relief Package
    — Sen. Susan Collins [R-ME] (Co-sponsor) on Aug 10, 2020

Rep. Axne Urges Congressional Leadership to Include Help for Hardest-Hit Industries in COVID-19 Aid Deal
    — Rep. Cynthia Axne [D-IA3] on Aug 4, 2020

More statements at ProPublica Represent...


Jul 27, 2020

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

If this bill has further action, the following steps may occur next:
Passed Committee

Passed Senate

Passed House

Signed by the President

S. 4321 is a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

Bills numbers restart every two years. That means there are other bills with the number S. 4321. This is the one from the 116th Congress.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“S. 4321 — 116th Congress: Continuing Small Business Recovery and Paycheck Protection Program Act.” 2020. November 25, 2020 <>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from, the official portal of the United States Congress. is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.