the small business administration approves the business's request to redact certain information. a business may challenge a judge's decision within 10 days of receipt of the judge's initial decision. a business may also request a review by the small business administration within 30 days of receipt of the decision. after exhausting administrative remedies, a business may request judicial review in federal district court of the small business administration's final decision. the business must pay any attorney fees that it incurs related to the appeal process. second draws under certain circumstances, a business that received a ppp loan is allowed to receive additional loan proceeds by way of a second draw. an entity is eligible for a second draw if all of the following are true. it must have received a first draw ppp loan, and it must have either fully spent the entire proceeds of the first draw or applied for forgiveness of the first draw. it must have fewer than 300 employees. it must also have had at least a 25% decrease in revenue for a calendar quarter in 2020 when compared to the corresponding calendar quarter in 2019. it must not have received a shuttered venue operators grant. it must not be publicly-traded. it must not be primarily engaged in political activities, lobbying activities, promoting or participating in a political campaign, public policy advocacy, or political strategy, or that publicly describes itself as a think tank. it must not be a 501(c)(6) professional sports league. it must not have 20% or more of its economic interests owned by an entity created in or organized under the laws of the people's republic of china or hong kong, does not have significant operations in either of those locations, and does not have a board member who is a resident of the people's republic of china. if applying for a second draw loan exceeding $150,000, it must have already sent a completed loan forgiveness application to the lender. the amount of the second draw is equal to 2.5 times its average monthly payroll costs during 2019. alternatively, the business may elect to calculate the second draw based on the average monthly payroll costs of any 12-month period ending prior to the date of the loan. businesses in the lodging or food accommodations industries may multiply their average monthly payroll costs by 3.5 rather than 2.5. in no case may a second draw exceed $2 million. second draw ppp loans generally have the same terms as the first draw ppp loans. the deadline to apply was march 31, 2021. legislative history cares act main article: coronavirus aid, relief, and economic security act the paycheck protection program was enacted as part of the coronavirus aid, relief, and economic security act (cares act). all of the paycheck protection program's original $349 billion was allocated between april 3 and april 16, 2020. the small business administration stopped accepting new ppp applications on april 16, 2020. $342.3 billion was for ppp loans, and $6.7 billion was for lender reimbursements for processing loan applications that were approved. between april 3 and april 16, 2020, there were 1.7 million loans made, and 4,975 lenders approved loans. the average loan amount was $206,000. of all loans, 74 percent were for $150,000 or less. businesses in the construction industry received 13.12 percent of the total of loan amounts, the largest percentage of any classification. the next four highest classifications were professional, scientific, and technical services with 12.65 percent; manufacturing with 11.96 percent; health care and social assistance with 11.65 percent; and accommodation and food services with 8.91 percent. paycheck protection program and health care enhancement act on april 21 and 23, respectively, the senate and house passed the paycheck protection program and health care enhancement act to add $320 billion of funding to the ppp. president trump signed the bill into law on april 24, 2020, which allowed the small business administration to accept applications again on april 27. paycheck protection program flexibility act of 2020 the paycheck protection program flexibility act of 2020 (h.r. 7010) amended the paycheck protection program. loan forgiveness was expanded from eight weeks of eligible costs to the 24 weeks or december 31, 2020, whichever is earlier; alternatively, a business whose ppp loan was made before june 5 may opt to use the eight-week period instead. ppp loans made on or after june 5 must have a minimum term of five years, rather than two years. at least 60% of the loan forgiveness amount must be for payroll costs, rather than 75%. the safe harbor provision that loan forgiveness will not decrease if the business rehires employees and restores wage reductions by june 30 is extended to december 31. loan forgiveness will not decrease if the business was unable to rehire its employees on february 15 and is unable to hire similarly qualified employees by december 31. loan forgiveness will not decrease if the business is unable to return to its previous level of business activity due to compliance with requirements or guidance from the department of health and human services, the centers for disease control, or the occupational safety and health administration between march 1 and december 31, involving covid-19-related standards for worker safety or customer safety. the deferral of principal and interest payments was extended to the date that loan forgiveness is remitted to the lender or, if the borrower does not apply for loan forgiveness, ten months after the end of the covered period. employer payroll tax deferral is allowed even after loan forgiveness is approved. ppp loan proceeds are required to be spent only on allowable costs during the eight- or 24-week covered period. rep. dean phillips (d mn) introduced the bill on may 26. the house of representatives passed the bill by a vote of 417–1 on may 28. the senate passed the bill by voice vote on june 3. president trump signed the bill into law on june 5, 2020. deadline extension on july 4, 2020, s. 4116 was passed, extending the application deadline from june 30 to august 8, 2020. it was introduced on june 30 by sen. benjamin cardin (d–md), and the senate unanimously passed it. the house of representatives passed the bill by unanimous consent the following day. president trump signed the bill into law on july 3. as of june 27, $519 billion had been allocated to ppp loans, and $140 billion remained available. on march 30, 2021, president biden signed a bill to extend the deadline to apply for a ppp loan to may 31, 2021. the bill also stated that the small business administration would have 30 days from the application deadline to process ppp loan applications. as of march 30, 2021, $82 billion of unallocated funds remained. proposed amendments rep. pramila jayapal (d–wa) proposed the paycheck guarantee act. rather than having businesses take a private loan that may be forgiven after the fact under certain circumstances, the treasury department would reimburse businesses for employee salaries and benefits for three months or until consumer demand increases. rep. nita lowey (d–ny) introduced the heroes act, which would extend the period that ppp loans can be made from june 30 to december 31, 2020. it would expand loan forgiveness from eight weeks of eligible costs to the 24 weeks or december 31, 2020, whichever is earlier. the bill would include eligible interest costs in the debt forgiveness calculation. it would lift the requirement that at least 75% of the loan forgiveness amount must be for payroll costs. employers would be allowed to use ppp loan proceeds for personal protective equipment and other safety items for its employees, and those costs would be part of loan forgiveness. each local television, radio, and newspaper company would be eligible to apply separately, rather than together as an affiliated group, if they are otherwise eligible. it would expand eligibility from 501(c)(3) and 501(c)(19) nonprofit organizations to all nonprofit organizations that are tax-exempt under section 501(c), although certain politically active 501(c)(4) organizations would be ineligible and compensation of registered lobbyist employees would not be allowable payroll costs. ppp loans would have a minimum term of five years, rather than two years, allowing businesses additional time to repay the loan. it would make a business ineligible for a ppp loan if an owners has been convicted of a felony of financial fraud or deception within the previous five years. the bill was passed by the house of representatives in a vote of 208–199. the prioritized paycheck protection program act would allow some businesses to be eligible for a second ppp loan. eligibility would be limited to self-employed individuals and businesses with 100 or fewer employees, and who have experienced a greater than a 50% decrease in revenue compared to recent quarter. publicly traded companies would not be eligible for a second ppp loan. businesses with multiple locations that are in the hospitality and lodging industries would have a limit of $2 million for all locations. a portion of the appropriation would be for businesses with fewer than 10 employees and businesses in underserved and rural communities. on june 18, sens. benjamin cardin (d–md), chris coons (d–de), and jeanne shaheen (d–nh) introduced the prioritized paycheck protection program act in the senate, and reps. angie craig (d–mn) and antonio delgado (d–ny) introduced the bill in the house of representatives. in june 2020, u.s. senators rob portman (r–oh), ben cardin (d–md), james lankford (r–ok), and cory booker (d–nj) introduced the ppp second chance act to allow people with criminal records to apply for ppp loans for their small businesses. under existing ppp rules, the business owner cannot have been convicted of a felony within the past year. senators marco rubio (r–fl) and susan collins (r–me) introduced the continuing small business recovery and paycheck protection program act on july 27. under the act, a business would be eligible for another ppp loan under certain circumstances. the business would need to demonstrate that it experienced at least a 50% decrease in gross receipts either between january 1 and march 31 or between april 1 and june 30, 2020, compared to the same days in 2019. the borrower would need to employ no more than 300 employees or meet certain alternative size standards. the second ppp loan would be limited to $2,000,000, and the total amount of ppp and other sba loans received could not exceed $10,000,000 during the previous 90 days. publicly traded businesses and businesses incorporated in, affiliated with, or with certain ties to the people’s republic of china would not be eligible for a second ppp loan. businesses in bankruptcy would be eligible only under certain circumstances. for each new ppp loan, the small business administration would pay each lender an amount equal to 3 percent of the first $350,000 plus 1% of the amount exceeding $350,000. businesses with ppp loans of less than $150,000 would be able to attest to compliance with ppp loan regulations in order to receive full loan forgiveness. other businesses that receive ppp loans of up to $2,000,000 would be able to apply for loan forgiveness by certifying they have documentation of their forgiveness eligibility and will retain them for three years after the applying for loan forgiveness. all businesses would be able to use existing and new ppp loan proceeds for software, cloud computing costs, human resources costs, and accounting costs; out-of-pocket costs from property damage related to public disturbances in 2020; supplies that are essential to the business's operations and purchased based on contract made before february 15, 2020; personal protective equipment and other costs so the business can adhere to the federal government's health and safety recommendations for the coronavirus issued between march 1 and december 31, 2020. in addition, all group insurance costs would be considered eligible payroll costs. it would also expand eligibility for ppp loans to 501(c)(6) nonprofit organizations and destination marketing organizations that employ 300 or fewer employees, that do not receive more than 10 percent of its revenue from lobbying activities, whose lobbying activities do not consist of more than 10 percent of its activities overall, that is not a professional football league, and whose purpose is not to promote or participate in political campaigns. the act would require a business to disclose to the small business administration if