Miami, FL — U.S. Senator Marco Rubio (R-FL), Chairman of the Senate Committee on Small Business and Entrepreneurship, released the following statement after the Trump Administration released publicly available data on the Paycheck Protection Program (PPP). The data disclosure reflects the bipartisan agreement with Committee leaders that balances proprietary information and the need for transparency.
“Today, the Administration has provided much needed transparency to the American people on the Paycheck Protection Program (PPP),” Chairman Rubio said. “We know PPP has been a historic lifeline for more than 4.8 million small businesses. It is clear that financial damage from the pandemic will continue to impact small businesses even as the economy re-opens.
“To meet these changing conditions, PPP and additional long-term recovery capital must be the priority for the next relief package,” Chairman Rubio continued. “I will continue to work with my colleagues on the small business task force to reach a bipartisan agreement on a targeted second round of PPP for underserved firms and additional resources for long-term resiliency.”
“Today, the Administration has provided much needed transparency to the American people on the Paycheck Protection Program (PPP),” Chairman Rubio said. “We know PPP has been a historic lifeline for more than 4.8 million small businesses. It is clear that financial damage from the pandemic will continue to impact small businesses even as the economy re-opens.
“To meet these changing conditions, PPP and additional long-term recovery capital must be the priority for the next relief package,” Chairman Rubio continued. “I will continue to work with my colleagues on the small business task force to reach a bipartisan agreement on a targeted second round of PPP for underserved firms and additional resources for long-term resiliency.”
