Issa to Support PPP Extension for Small Businesses and Employees
Washington DC – Congressman Darrell Issa (CA-50) announced his support for legislation to extend the Paycheck Protection Program (PPP) for small businesses specifically impacted by COVID-19. Issa said:
“It’s only right to extend support to small businesses as they get back on their feet during the pandemic, following repeated government shutdowns and the severe economic damage that inevitably followed. Small businesses and the essential team members they are able to retain will now be extended with targeted loans they need and deserve to go forward.”
The PPP Extension Act of 2021 extends the deadline to apply for a Small Business Administration’s (SBA) PPP loan through June 2021. To date, the SBA has provided more than 7.5 million loans, totaling more than $687 billion in assistance.
Congressman Issa is also a cosponsor of the PPP Flexibility for Farmers and Ranchers Act, which would expand access to PPP loans for small farmers and ranchers.
Congressman Issa also will support the COVID–19 Bankruptcy Relief Extension Act of 2021 to continue COVID-19 bankruptcy relief provisions for small businesses and families through March 2022.