I 

117TH CONGRESS 

1ST SESSION H. R. 2799 

To amend the Small Business Act to ensure duplicate loans are ineligible 

under the paycheck protection program, and for other purposes. 

IN THE HOUSE OF REPRESENTATIVES 

APRIL 22, 2021 

Mr. PERRY introduced the following bill; which was referred to the Committee 

on Small Business 

A BILL 

To amend the Small Business Act to ensure duplicate loans 

are ineligible under the paycheck protection program, 

and for other purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘No Duplicate PPP 

5 Loans Act of 2021’’. 

6 SEC. 2. INELIGIBLE DUPLICATE LOANS UNDER THE PAY7 CHECK PROTECTION PROGRAM. 

8 (a) IN GENERAL.—Section 7A of the Small Business 

9 Act (15 U.S.C. 636m) is amended by adding to the end 

10 the following new subsection: 


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•HR 2799 IH

1 ‘‘(m) INELIGIBLE DUPLICATE LOANS.—Any bor2 rower that knowingly and willfully submits false informa3 tion for the purposes of obtaining a covered loan under 

4 section 7(a)(36) shall be required to repay any amount 

5 of such covered loan.’’. 

6 (b) GUIDANCE.—Not later than 10 days after the 

7 date of the enactment of this Act, the Administrator of 

8 the Small Business Administration shall issue guidance to 

9 carry out the amendments made by this Act. 

10 SEC. 3. REPORT ON INELIGIBLE DUPLICATE LOANS. 

11 (a) REPORT TO CONGRESS.—Not later than 1 week 

12 after the date of the enactment of this Act, and weekly 

13 thereafter until the last day of the covered period (as de14 fined in section 7(a)(36)(A) of the Small Business Act (15 

15 U.S.C. 636(a)(36)(A)), the Administrator of the Small 

16 Business Administration shall submit to the Committees 

17 on Banking, Housing, and Urban Affairs and Small Busi18 ness and Entrepreneurship of the Senate, and the Com19 mittees on Financial Services and Small Business of the 

20 House of Representatives, a report on ineligible duplicate 

21 loans (as described under section 7A(m) of the Small 

22 Business Act, as added by this Act) that includes— 

23 (1) the number of attempted applications for 

24 such ineligible duplicate loans; 


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1 (2) the number of processed applications for 

2 such ineligible duplicate loans; 

3 (3) dollars disbursed for such ineligible dupli4 cate loans; and 

5 (4) actions taken by the Administrator to— 

6 (A) review potential disbursements for 

7 such ineligible duplicate loans; 

8 (B) recover improper disbursements for 

9 such ineligible duplicate loans; 

10 (C) strengthen technical systems to ensure 

11 the detection of such ineligible duplicate loan 

12 applications; and 

13 (D) provide guidance to lenders on such 

14 ineligible duplicate loan applications. 

15 (b) PUBLICATION.—Not later than 7 days after the 

16 date on which the Administrator submits a report required 

17 under subsection (a), the Administrator shall publish such 

18 report on a website of the Small Business Administration. 

Æ 


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