Long-Lasting Solutions for a Small Business Recovery, Hearing Before the Committee on Small Business, United States House of Representatives, One Hundred Sixteenth Congress, Second Session, July 15, 2020 [open pdf - 8MB]
This is the July 15, 2020 hearing on "Long-Lasting Solutions for a Small Business Recovery" held before the House Committee on Small Business. From the opening statement of Nydia Velazquez: "Since February, the outbreak of COVID-19 [coronavirus disease 19] has taken a significant toll on the entire U.S. economy. This crisis has hit America's small businesses especially hard. Three out of four small businesses have been experiencing a decrease in revenue since March, and an estimated 7.5 million small businesses are at risk of permanent closure as a result of this crisis. As Members of this committee and as legislators at the federal level, we have a responsibility to secure funds to help America's small businesses survive this crisis. So far Congress has allocated over $669 billion in grants and loans through the Paycheck Protection Program, the Economic Injury Disaster Loan program, also known as EIDL, and a new EIDL emergency grant program." Statements, letters, and materials submitted for the record include those of the following: Brett Palmer, Amanda Cohen, Lisa D. Cook, and Pete Blackshaw.
Small Business Committee Document No. 116-086
U.S. Government Publishing Office: https://www.gpo.gov/