ABSTRACT

Pandemic Response and the Small Business Economy: An Update from the U.S. Small Business Administration, Hearing Before the Committee on Small Business and Entrepreneurship of the United States Senate, One Hundred Seventeenth Congress, First Session, May 26, 2021   [open pdf - 36MB]

This is the May 26, 2021 hearing on "Pandemic Response and the Small Business Economy: An Update from the U.S. Small Business Administration," held before the U.S. Senate Committee on Small Business and Entrepreneurship. From the opening statement of Benjamin L. Cardin: "It has been 14 months since Congress passed the CARES [Coronavirus Aid, Relief, and Economic Security] Act, and the SBA [U.S. Small Business Administration] had really stood up to the challenge. Over $1 trillion in aid has been provided to American small businesses. In the Paycheck Protection Program alone, over 11 million forgivable loans have been issued, and the latest number was to the tune of about $791 billion. There is now optimism among small businesses with the rollout of the COVID-19 [coronavirus disease 2019] vaccine that businesses may be returning to a more normal volume. [...] The key has been Congress and the administration, open lines of communication, working together to implement these tools for small business. Transparency is absolutely essential and sharing information timely." Statements, letters, and materials submitted for the record include those of the following: Isabella Casillas Guzman.

Report Number:
S. Hrg. 117-210; Senate Hearing 117-210
Publisher:
Date:
2022
Series:
Copyright:
Public Domain
Retrieved From:
U.S. Government Publishing Office: http://www.gpo.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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