1. Short title This Act may be cited as the Small Business Debt Relief Extension Act of 2020 . 2. Subsidy for certain loan payments (a) In general Section 1112 of the CARES Act ( 15 U.S.C. 9011 ) is amended— (1) in subsection (c)— (A) in paragraph (1)— (i) in the matter preceding subparagraph (A), by inserting , without regard to the date on which the covered loan is fully disbursed and subject to availability of funds after status ; (ii) by amending subparagraphs (A) and (B) to read as follows: (A) with respect to a covered loan approved by the Administration before the date of enactment of this Act and not on deferment— (i) except as provided in clauses (ii) and (iii), for the 6-month period beginning with the next payment due on the covered loan after the covered loan is fully disbursed; (ii) for the 11-month period beginning with the next payment due on the covered loan after the covered loan is fully disbursed, with respect to a covered loan that— (I) is described in subsection (a)(1)(B) or is a loan guaranteed by the Administration under section 7(a) of the Small Business Act ( 15 U.S.C. 636(a) ) other than a loan described in clause (i) or (ii) of subsection (a)(1)(A); and (II) is made to a borrower operating primarily in an industry other than an industry that is assigned a North American Industry Classification System code beginning with 61, 71, or 72; and (iii) for the 18-month period beginning with the next payment due on the covered loan after the covered loan is fully disbursed, with respect to— (I) a covered loan described in paragraph (1)(A)(i) or paragraph (2) of subsection (a); or (II) any covered loan made to a borrower operating primarily in an industry that is assigned— (aa) a North American Industry Classification System code beginning with 61, 71, or 72; or (bb) the North American Industry Classification System Code 485510