WASHINGTON, D.C. —The following statement can be attributed to Neil Bradley, executive vice president and chief policy officer, U.S. Chamber of Commerce.
“A year into the pandemic, small businesses are struggling to access capital and according to the U.S. Chamber and MetLife's Q4 2020 Small Business Index, nearly three-quarters (74%) say additional federal relief funds would be important to their business’ ability to succeed in 2021.
“Last week, 91 national organizations and 553 chambers of commerce from all 50 states wrote Congress requesting an extension of the Paycheck Protection Program, which unfortunately was not included in the American Rescue Plan signed into law.
“The Chamber strongly supports bipartisan legislation introduced in the House and Senate that gives small businesses two additional months, until May 31, to apply for newly re-designed PPP loans and calls on Congress to quickly pass the bill to help small businesses survive the COVID-19 pandemic.”
The Chamber will be hosting a live Small Business Update on the PPP program on our digital platform GrowWithCo.com today, Friday, March 12 at 12:00pm ET. You can register for the event, here.
U.S. Chamber: Paycheck Protection Program Extension Essential to Small Business Survival
WASHINGTON, D.C. — The following statement can be attributed to Neil Bradley, executive vice president and chief policy officer, U.S. Chamber of Commerce.“A year into the pandemic, small businesses are struggling to access capital and according to the U.S. Chamber and MetLife's Q4 2020 Small Business Index, nearly three-quarters (74%) say additional federal relief funds would be important to their business’ ability to succeed in 2021.
