Washington, D.C. – Today, Congresswoman Deborah Ross (NC-02) voted to pass the Paycheck Protection Program Extension Act of 2021, which would extend the covered period for businesses utilizing the PPP.
“I have heard firsthand from small businesses across North Carolina’s 2nd Congressional District that are struggling to stay open due to the COVID-19 pandemic. As they continue to navigate this uncertain time, it’s essential we provide them with the necessary resources to help them stay afloat. The Paycheck Protection Program has been an important lifeline for these businesses, and I’m proud to vote to extend this vital resource” said Congresswoman Ross. “This bill builds on the American Rescue Plan Act, signed into law last week, by keeping small businesses open and their employees on payroll.”
Last week, Congresswoman Ross helped pass President Biden’s American Rescue Plan, which provided $7.25 billion to bolster the Paycheck Protection Program to support small businesses and non-profits that were previously excluded and $15 billion in grants to help the smallest businesses get through this pandemic. Congresswoman Ross is a cosponsor of the PPP Extension Act.
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