Small Business Administration to Revise Paycheck Protection Program Loan Forgiveness Application

Sens. Cruz, Rounds, Colleagues Urge Department of Treasury, Small Business Administration to Revise Paycheck Protection Program Loan Forgiveness Application

WASHINGTON, D.C. – U.S. Sens. Ted Cruz (R-Texas), Mike Rounds (R-S.D.), and their colleagues in the Senate today sent a bipartisan letter urging the Department of the Treasury and the Small Business Administration (SBA) to simplify the loan forgiveness application for the Paycheck Protection Program (PPP). A streamlined loan forgiveness application will help lenders efficiently process applications and ensure small businesses, that have continued to support their employees during the coronavirus pandemic, can more quickly […]