PIA National, along with a broad coalition of business groups, has sent a letter to Congressional leadership to urge them to pass legislation that would improve the Paycheck Protection Program (PPP) loan forgiveness process. With Congress in a stalemate on the passage of a larger COVID-19 relief package, PIA National has joined with a large alliance of business …
Continue reading PIA Urges Congress to Streamline PPP Loan Forgiveness Process
Throughout the summer, PIA National has been focused on providing immediate relief to small businesses, enabling them to survive in the current economic climate. We have engaged in sustained advocacy for more funding and vital reforms to the Paycheck Protection Program (PPP), making it more useful to small businesses. We are actively pursuing the inclusion …
Continue reading PIA Participates in Congressional Roundtable on Future Pandemics
Lance Gooden was elected to the United States House of Representatives in 2018 to represent the 5th District of Texas, which goes from Dallas County to Cherokee, Henderson, Kaufman, Anderson, Van Zandt and Wood Counties. Prior to joining the U.S. House of Representatives, Rep. Gooden served three terms in the Texas House of Representatives and worked …
Although the House is poised to return early to address issues related to Postal Service funding, Congress is no closer to a deal on a new coronavirus package than it was last week, when the Senate recessed with plans to return in September. However, the creaky wheels of the administrative state have continued to turn …
The White House’s negotiations with Capitol Hill over a fourth coronavirus economic stimulus package failed last week after three weeks of ultimately fruitless talks. The failure to make a deal leaves businesses and employees left to survive financially as coronavirus cases rise, and several states roll back orders to reopen businesses, keeping many of them …
Continue reading Further Coronavirus Relief Uncertain; Executive Actions Taken
In July, PIA National submitted comments on two different regulatory proposals promulgated by the Small Business Administration (SBA) concerning the implementation of the Paycheck Protection Program (PPP). Since then, regulatory activity has continued apace in formal and informal ways. The latest entry in the growing literature on How to Interpret the PPP is an August …
Continue reading Paycheck Protection Program Clarifications Continue
As delays continue to plague the process, policymakers are still negotiating over what to include in the next coronavirus relief package, which is likely to be the last major coronavirus law passed before the presidential election. PIA National continues to support the creation of a Recovery Fund that will enable small businesses to receive the …
Continue reading PIA Urging Reforms in Next Coronavirus Package
Since March, PIA National has been working with the business community on a proactive solution to the economic crisis created by the forced shutdowns made necessary by the COVID-19 coronavirus pandemic. To that end, PIA National has been an active member of a coalition led by the business community and dedicated to the creation of a Recovery …
On July 9, PIA National was joined by over 100 business groups in signing a letter of support for S. 4117, the Paycheck Protection Small Business Forgiveness Act, sponsored by Senators Kevin Cramer (R-ND) and Kyrsten Sinema (D-AZ). Businesses that have received Paycheck Protection Program (PPP) loans can apply for loan forgiveness if they abide …
Continue reading PIA Seeks to Simplify PPP Loan Forgiveness Process
Tonight, the U.S. House passed S. 4116 by unanimous consent. The bill extends the deadline for businesses to apply for coronavirus aid through the Paycheck Protection Program until August 8th. This action follows the U.S. Senate which passed the bill last night hours before the program’s authorization to lend funds expired. The program still has …
Continue reading House Passes Paycheck Protection Program Extension
