House Hearing on Paycheck Protection Program Loan Forgiveness Process

A House Small Business subcommittee held a hearing on the Paycheck Protection Program’s (PPP) loan forgiveness process. Small business… read more

A House Small Business subcommittee held a hearing on the Paycheck Protection Program’s (PPP) loan forgiveness process. Small business owners testified about their experiences applying for PPP loan forgiveness, explaining the process could be confusing and onerous. They also talked about the challenges their businesses have faced during the coronavirus pandemic, including laying off employees and facing potential closures. A banker, who has been processing PPP loans, also testified, calling for more clarity for lenders and warned that lenders may not be willing to process additional loans because of doubt surrounding future federal PPP funding. close

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House Hearing on Paycheck Protection Program Loan Forgiveness Process

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Program ID:
476229-1
Category:
House Committee
Format:
House Committee
Location:
2360, Rayburn House Office Building, Washington, District of Columbia, United States
First Aired:
Sep 25, 2020 | 9:30am EDT | C-SPAN.org
Last Aired:
Oct 08, 2020 | 6:51pm EDT | C-SPAN 2

Airing Details

  • Sep 28, 2020 | 12:12pm EDT | C-SPAN 2
  • Sep 29, 2020 | 5:05pm EDT | C-SPAN 3
  • Oct 01, 2020 | 5:54am EDT | C-SPAN 2
  • Oct 08, 2020 | 6:51pm EDT | C-SPAN 2
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House Hearing on Paycheck Protection Program Loan Forgiveness Process

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