English/ Español: Rubio Releases FAQ Document on the Paycheck Protection Program for Small Businesses - Press Releases - U.S. Committee on Small Business & Entrepreneurship

Summary

In this release of the U.S. Committee on Small Business & Entrepreneurship, Senator Marco Rubio announces an FAQ document in English and in Spanish on the Paycheck Protection Program, and says small businesses and lenders can submit questions by email. Chairman Rubio says his staff has been in constant communication with the SBA so the program is available right away through the thousands of approved SBA lenders across the country. The release describes the PPP as a key provision of Rubio's bipartisan Keeping American Workers Paid and Employed Act, part of the CARES Act. The same announcement is repeated in Spanish.

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English/ Español: Rubio Releases FAQ Document on the Paycheck Protection Program for Small Businesses

March 28 , 2020

Miami, FL — U.S. Senator Marco Rubio (R-FL), Chairman of the Senate Committee on Small Business and Entrepreneurship, released a FAQ document in English and in Spanish detailing how small business owners can take advantage of the new Paycheck Protection Program (PPP), a key provision of Rubio’s bipartisan Keeping American Workers Paid and Employed Act that was signed into law as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Small businesses and lenders can submit questions to PPPquestions@sbc.senate.gov .

PPP is a nearly $350 billion program to provide eight weeks of cash-flow assistance to small businesses through 100 percent federally guaranteed loans to employers who maintain their payroll during this emergency. If employers maintain their payroll, the loans would be forgiven, which would help workers to remain employed and affected small businesses and our economy to quickly snap-back after the crisis.

“My staff and I have been in constant communication with the SBA and are focused on making sure the Paycheck Protection Program is available to small businesses right away through the thousands of approved SBA lenders across the country,” Chairman Rubio said . “I am also committed to working with SBA and the Treasury Department so they can swiftly onboard new bank and nonbank lenders into the program. From the start, our primary focus has been to get cash into the hands of small businesses and their employees as quickly as possible.”

A timeline of Rubio’s actions related to the coronavirus can be found here .

RUBIO LANZA DOCUMENTO DE PREGUNTAS FRECUENTES SOBRE EL PROGRAMA DE PROTECCIÓN DE PAGO DE CHEQUES PARA PEQUEÑAS EMPRESAS

Miami, FL — El senador estadounidense Marco Rubio (R-FL), presidente del Comité de Pequeñas Empresas y Emprendimiento, lanzó un documento de preguntas frecuentes en inglés y en español que detalla cómo los propietarios de pequeñas empresas pueden aprovechar el nuevo Programa de Protección de Pago de Cheques (PPP, por sus siglas en inglés), una disposición clave de la ley bipartidista el senador Rubio Keeping American Workers Paid and Employed Act que ahora es ley como parte del Coronavirus Aid, Relief, and Economic Security (CARES) Act. Las pequeñas empresas y los prestamistas pueden enviar sus preguntas al email PPPquestions@sbc.senate.gov .

El PPP es un programa de casi $350 mil millones de dólares para proporcionar ocho semanas de ayuda de flujo en efectivo a pequeñas empresas a través de préstamos 100 por ciento garantizados por el gobierno federal a empleadores que mantengan su nómina durante esta emergencia. Si los empleadores retienen a sus empleados, los préstamos serán perdonados, lo que ayudaría a los trabajadores a permanecer empleados y ayudaría a las pequeñas empresas y a nuestra economía a recuperarse rápidamente tras de la crisis.

"Mi equipo y yo hemos estado en constante comunicación con el SBA y estamos enfocados en asegurarnos que el Programa de Protección de Pago de Cheques esté disponible para las pequeñas empresas de inmediato a través de los miles de prestamistas del SBA aprobados en todo el país", el presidente Rubio dijo . “También estoy comprometido a trabajar con el SBA y el Departamento del Tesoro para que puedan incorporar rápidamente a nuevos prestamistas bancarios y no bancarios al programa. Desde el principio, nuestro enfoque principal ha sido proporcionar efectivo a las pequeñas empresas y a sus empleados lo más rápido posible ".

Permalink: https://www.sbc.senate.gov/public/index.cfm/2020/3/english-espa-ol-rubio-releases-faq-document-on-the-paycheck-protection-program-for-small-businesses

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