Cardin Statement on Release of PPP Loan Data

Summary

Statement issued July 6, 2020 by Ben Cardin (D-Md.), Ranking Member of the U.S. Senate Committee on Small Business & Entrepreneurship, after the U.S. Small Business Administration (SBA) and the Department of the Treasury released data on Paycheck Protection Program (PPP) loan recipients. He calls the disclosure "a welcome step that will help inform Congress" and says he looks forward to "additional information collected during the loan forgiveness process" on how PPP is reaching small businesses in underserved communities.

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Title: Cardin Statement on Release of PPP Loan Data
Date: 2020-07-06

Cardin Statement on Release of PPP Loan Data

July 6, 2020

(Washington, D.C.)—U.S. Senate Committee on Small Business & Entrepreneurship Ranking Member Ben Cardin (D-Md.) today issued the following statement after the U.S. Small Business Administration (SBA) and the Department of the Treasury released data on the recipients of Paycheck Protection Program (PPP) loans:

“Today’s disclosure of PPP data is a welcome step that will help inform Congress as we work to provide additional support to small businesses harmed by COVID-19. I look forward to receiving additional information collected during the loan forgiveness process to help us better understand how PPP is reaching small businesses in underserved communities.”

Permalink: https://www.sbc.senate.gov/public/index.cfm/2020/7/cardin-statement-on-release-of-ppp-loan-data

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