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Exhibit 464

CARES Act, Pub. L. 116-136, section 1102

Exhibit 464 ยท Statute

CARES Act, Pub. L. 116-136, section 1102

any business concern, nonprofit organization, veterans organization, or Tribal business concern described in section 31(b)(2)(C) shall be eligible to receive a covered loan

Creates PPP; makes nonprofit organizations eligible if 500 or fewer employees. Senate passed 96-0 on 25 Mar 2020 (Roll Call 80); approved 27 Mar 2020.

Source
U.S. Congress
Date
27 March 2020
Quoted from
Sec. 1102, new 7(a)(36)(D)(i)
Grade
Primary record
Document
https://www.govinfo.gov/content/pkg/PLAW-116publ136/html/PLAW-116publ136.htm
Accessed
2026-11-09
Cited by
Findings citing this exhibit

Cited by

Finding REL-5.9
Primary record The CARES Act created the Paycheck Protection Program and passed the Senate 96 to 0 on 25 March 2020, and President Trump approved it on 27 March 2020. President Biden approved the PPP Extension Act on 30 March 2021. SBA proposed removing its religious-status exclusions on 19 January 2021 and removed paragraph (k) of 13 CFR 120.110 in a final rule of 30 June 2022.