NC House Representatives urge Congress to pass further PPP funding
The Paycheck Protection Program (“PPP”) authorized up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis. The SBA is currently unable to accept new applications for the Paycheck Protection Program based on available appropriations funding. NC House Representative Chris Humphrey and colleagues issued a letter to the NC Congressional Delegation requesting more appropriations for the PPP.