CARES Act Statement from SBA Administrator Jovita Carranza
Summary
SBA news release 20-28, published March 27, 2020 by the Office of Communications, carrying a statement from SBA Administrator Jovita Carranza issued when President Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law. The statement credits the President with acting to support the nation's 30 million small businesses, which it says employ nearly half of the nation's workforce. It says the CARES Act makes hundreds of billions of dollars available for immediate financial relief to small business owners, and that the SBA is ready to help them remain open and keep their workers employed.
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Archived news release 20-28 CARES Act Statement from SBA Administrator Jovita Carranza WASHINGTON - Upon President Trump signing the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law, SBA Administrator Jovita Carranza i... Published on March 27, 2020 by Office of Communications WASHINGTON - Upon President Trump signing the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law, SBA Administrator Jovita Carranza issued the following statement: “President Trump acted swiftly and in a bipartisan manner to support our nation’s 30 million small businesses, which employ nearly half of the nation’s workforce. Under the CARES Act, the President took historic action, making available hundreds of billions of dollars in an expedited manner to provide immediate financial relief for small business owners across the country. “Our small businesses are the economic engines of their communities, and the SBA is ready to provide them with the support they need to remain open and keep their workers employed. With our whole-of-government approach led by the President, we are providing small businesses with the resources they need to get them through this unprecedented time.” ### About the U.S. Small Business Administration The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov . Media contacts U.S. Small Business Administration Email Press_Office@sba.gov
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