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Notice of Hearing, June 17, 2020: Paycheck Protection Program: Loan Forgiveness and Other Challenges — Committee on Small Business

Summary

A notice of hearing from Nydia Velázquez, Chairwoman, to members of the Committee on Small Business, dated Wednesday, June 10, 2020. It announces a hearing titled "Paycheck Protection Program: Loan Forgiveness and Other Challenges," scheduled to begin at 1:00 P.M. on Wednesday, June 17, 2020 via Cisco Webex. The committee will learn about the Small Business Administration's (SBA) Paycheck Protection Program (PPP) and the issues borrowers and lenders have faced in applying for and using the loans, especially use of proceeds that will qualify borrowers for full loan forgiveness, and about recent changes Congress has made to the program. Members of the public may view the hearing via live webcast, and a staff briefing is set for 4:00 P.M. (EST) on Monday, June 15, 2020.

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Issuer
Congressional materials
Document type
Congressional Hearing
Case
Ppr Int 51A6C10158077C23 Hearing Paycheck Protection Program Loan Forgiveness And Other Challenges Hearing Notice 64E8F7Bce4

Cite this document

“Notice of Hearing, June 17, 2020: Paycheck Protection Program: Loan Forgiveness and Other Challenges — Committee on Small Business.” Original at smallbusiness.house.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/ppr-int-51a6c10158077c23-hearing-paycheck-protection-program-loan-forgiveness-and-other-challenges-hearing-notice-64e8f7bce4/, SHA-256 c2cffea43ac7a4419a89b551586d67daf7ab1cb6a6d18610482511536f9021ed.

Full text

                                   NOTICE OF HEARING
                                       June 17, 2020
                                1:00 PM (EST) CISCO Webex


TO:           Members, Committee on Small Business
FROM:         Nydia Velázquez, Chairwoman
DATE:         Wednesday, June 10, 2020
______________________________________________________________________________
The Committee on Small Business will meet for a hearing titled, “Paycheck Protection Program:
Loan Forgiveness and Other Challenges.” The hearing is scheduled to begin at 1:00 P.M. on
Wednesday, June 17, 2020 via Cisco Webex.
The Committee will meet to learn about the Small Business Administration’s (SBA) Paycheck
Protection Program (PPP) and the issues borrowers and lenders have faced in applying for and
using the loans, especially regarding use of proceeds that will qualify borrowers for full loan
forgiveness. Members will also have the opportunity to hear about what has generally worked
with the program, what has not, the changes Congress has recently made to the program, and
suggestions to continue optimizing the program.
This hearing will take place remotely via Cisco Webex video conferencing. Members of the
public may view the hearing via live webcast available at smallbusiness.house.gov. The webcast
will not be available until the hearing starts.
A staff briefing will be held at 4:00 P.M. (EST) on Monday, June 15, 2020 in Cisco Webex.
If you or your staff have questions, please contact Matthew Gomez, Counsel for the Committee.


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