Rubio Statement on Paycheck Protection Program Agreement
Summary
Statement dated April 21, 2020 from U.S. Senator Marco Rubio (R-FL), Chairman of the Senate Committee on Small Business and Entrepreneurship, released after the announcement that a deal was reached to fund the Paycheck Protection Program, which lapsed five days ago. Chairman Rubio says Democratic colleagues blocked additional funding for the PPP for more than a week. Chairman Rubio says the deal will allow the SBA to resume approving PPP loans and help preserve funds for mission lenders such as Community Development Financial Institutions.
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“Rubio Statement on Paycheck Protection Program Agreement.”
Original at www.sbc.senate.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/committee-dbfe0b456c56092c/
, SHA-256 92dfb283812da044493cd0efdab9dae7b1dffb891e71c3148ab2ef4385171baf.Full text
Title: Rubio Statement on Paycheck Protection Program Agreement Date: 2020-04-21 Rubio Statement on Paycheck Protection Program Agreement April 21, 2020 Miami, FL — U.S. Senator Marco Rubio (R-FL), Chairman of the Senate Committee on Small Business and Entrepreneurship, released the following statement after the announcement that a deal was reached to fund the Paycheck Protection Program, which lapsed five days ago. “For more than a week, small businesses and their employees were held hostage after my Democratic colleagues blocked additional funding for the PPP,” Chairman Rubio said. “This long-overdue deal will finally allow the SBA to resume approving PPP loans. It will also help preserve funds for mission lenders like Community Development Financial Institutions in order to ensure small businesses in underserved and rural communities have access to PPP loans. When these funds run out, we cannot allow partisan games to once again jeopardize the lives and the livelihoods of Americans.” Permalink: https://www.sbc.senate.gov/public/index.cfm/2020/4/rubio-statement-on-paycheck-protection-program-agreement
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