Tell Congress to fund small business loan programs today!
As you may have heard, the Payroll Protection Program (PPP) has already run out of funding, leaving small business borrowers in limbo. PPP was established by the recent stimulus package to assist small businesses impacted by COVID-19 by providing loans to cover payroll and overhead costs, which may be forgiven. The Small Business Administration’s Economic Injury Disaster Loan program is similarly now out of funds when small businesses need them most.
If you have an outstanding application or have been considering seeking funding through these programs, we urge you to contact your member of Congress and your Senators today to inform them about how this is impacting your business. It’s urgent that Congress hears directly from small businesses like you about why they must come to the table now to allocate more money for small business loan programs.
The ongoing issues with these loan programs emphasize the urgent need for immediate, unrestricted grant assistance for small businesses—which we’ve been advocating for since the beginning of this disaster. Join thousands of small business owners and sign our letter urging Congress to provide direct grant relief to ensure Main Street can recover from this unprecedented crisis.