Paycheck Protection Program

80 percent of PPP applicants are still waiting for financial assistance

The NFIB Research Center released a survey today on the small business loan programs. Small business owners were asked about the Paycheck Protection Program and the Economic Injury Disaster Loan on April 17, the day after the programs ran out of money. About 20 percent of submitted applications have been fully processed with funds deposited in the … Continued

April 21, 2020

Aderholt: Democrats allowed the Paycheck Protection Program to run out of money

Thursday, Congressman Robert Aderholt, R-Haleyville, expressed his disappointment with Congressional Democrats for refusing to add more funds to the Small Business Administration’s Paycheck Protection Program to businesses that have been impacted by the forced economic shutdown to fight the spread of the coronavirus. “The Paycheck Protection Program was written with urgency to address a great … Continued

Brandon Moseley

April 17, 2020