League fights for PPP small business loan forgiveness
Published by: Emily Leite
August 19, 2020 | Government Affairs
Ohio credit unions have helped prevent a complete economic collapse during the COVID-19 pandemic by partnering with the Small Business Administration to administer the Paycheck Protection Program (PPP). By facilitating more than 4,000 low-interest PPP loans for small business owners to cover personnel and operational expenses, Ohio credit unions have helped retain more than 40,000 jobs across the state. You can help the League further advocate for additional protections for credit unions and small business owners by sending a pre-written message through VoterVoice, urging your congressional leaders to support the “Paycheck Protection Program Small Business Forgiveness Act,” forgiving PPP loans of $150,000 or less and establishing liability protections.
If you have questions about VoterVoice or PPP forgiveness, please reach out to Director of Legislative and Political Affairs Cory Fleming, or Manager of Legislative and Political Affairs Andrew Canan.
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