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News & Press: Policy News

WIPP Supports The Paycheck Protection Program Small Business Forgiveness Act

Thursday, July 9, 2020   (0 Comments)
Posted by: Laura Berry
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WIPP joined a coalition of organizations in support of The Paycheck Protection Program Small Business Forgiveness Act (S. 4117), sponsored by Senators Kevin Cramer (R-ND), Kyrsten Sinema (D-AZ), Thom Tillis (R-NC) and Bob Menendez (D-NJ). The bipartisan bill would forgive PPP loans of less than $150,000 upon the borrower’s completion of a one-page forgiveness document to the lender. It also ensures the lender will be held harmless from any enforcement action if the borrower’s attestation contained any falsehoods. 

Read the letter.

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