Expressing the sense of Congress that financial institutions provided copious and necessary assistance as an intermediary between the Small Business Administration and affected businesses during the COVID-19 pandemic.

H.Res. 637 is a non-binding resolution intended to formally recognize the role private financial institutions played in distributing emergency relief during the COVID-19 pandemic. The resolution highlights the partnership between these banks, the Small Business Administration, and the Department of the Treasury in implementing the Paycheck Protection Program (PPP). While the bill does not create new laws or change funding, it serves as an official acknowledgment of the private sector's efforts in helping small businesses remain operational and maintain their payrolls during the national health crisis.