1. Short title This Act may be cited as the Paycheck Protection Program Small Business Enhancement Act . 2. Extending authority for commitments for the paycheck protection program Section 1102(b)(1) of title I of division A of the Coronavirus Aid, Relief, and Economic Security Act ( Public Law 116–136 ) is amended by striking August 8, 2020 and inserting December 31, 2020 . 3. Eligibility of franchises and 501(c)(6) organizations for the paycheck protection program Section 7(a)(36)(D) of the Small Business Act ( 15 U.S.C. 636(a)(36)(D) ) is amended— (1) in subparagraph (A)(vii), by striking section 501(c)(3) and inserting paragraph (6) or (3) of section 501(c) ; and (2) in subparagraph (D)— (A) in clause (iv)— (i) in subclause (II), by striking and at the end; (ii) in subclause (III), by striking the period at the end and inserting ; and ; and (iii) by adding at the end the following new subclause: (IV) any business concern that is a franchisor or franchisee as described in clause (vii)(II).