NATSO, Small Business Community Urge Lawmakers to Enact Second Paycheck Protection Program Loan

Added on: December 1, 2020

Abstract:

NATSO joined with 96 organizations representing small businesses in every sector of the economy in urging lawmakers to expeditiously enact legislation that would allow businesses to access a second Paycheck Protection Program (PPP) loan with tax deductibility and streamlined forgiveness. Small businesses continue to struggle to survive the COVID-19 pandemic and face an uncertain winter marketplace. More than $130 billion is still available in the PPP loan program, yet small businesses and their employees are unable to access those critical funds because of congressional inaction.