Senators call on Trump administration to simplify PPP loan forgiveness process
Story Date: 6/15/2020

 

Source: Naomi Jagoda, THE HILL, 6/12/20


Senators on Friday urged the Treasury Department and Small Business Administration (SBA) to to simplify the process for businesses to receive loan forgiveness under the Paycheck Protection Program (PPP). Every member the Senate Democratic caucus signed a letter encouraging Treasury and the SBA to streamline the process, arguing that doing so would be particularly helpful for the smallest and most underserved businesses.

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