COVID Economic Injury Disaster Loan Relief Act
This bill extends the deferment of a borrower's payments on an economic injury disaster loan taken in response to COVID-19 (i.e., coronavirus disease 2019) from one year to two years from the date on which the loan is made.
To extend the deferment of EIDL loans made in response to COVID-19 from 
                           1 year to 2 years.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``COVID Economic Injury Disaster Loan 
Relief Act''.

SEC. 2. EXTEND EIDL DEFERMENT.

    With respect to any loan made under section 7(b)(2) of the Small 
Business Act (15 U.S.C. 636(b)(2)) in response to COVID-19, the payment 
of principal and interest charges shall be suspended for the 2-year 
period beginning on the date on which such loan is or was made.
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COVID Economic Injury Disaster Loan Relief Act
To extend the deferment of EIDL loans made in response to COVID-19 from 1 year to 2 years.
COVID Economic Injury Disaster Loan Relief Act
Rep. Salazar, Maria Elvira