In less than 14 days, @SBAgov has processed more than 14 years’ worth of loans. The #PaycheckProtectionProgram is saving millions of jobs and helping America’s small businesses make it through this challenging time. #CARESact
The Economic Injury Disaster Loan program is also providing much-needed relief to people and businesses. By law, @SBAgov will not be able to issue new loan approvals once the programs experience a lapse in appropriations.
Secretary @stevenmnuchin1 and I urge Congress to appropriate additional funds for the #PaycheckProtectionProgram—a critical and overwhelmingly bipartisan program—at which point we will once again be able to protect millions more paychecks.
The high demand we have seen underscores the need for hardworking Americans to have access to relief as soon as possible. We want every eligible small business to participate and get the resources they need. Our full joint statement ➡️ https://www.sba.gov/about-sba/sba-newsroom/press-releases-media-advisories/statement-secretary-mnuchin-and-administrator-carranza-paycheck-protection-program-and-economic #CARESact
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