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A Stronger PPP

May 28, 2020

WASHINGTON, D.C. — Republican Whip Steve Scalise (R-La.) released the following statement upon House passage of H.R. 7010 - Paycheck Protection Program Flexibility Act:

"The Paycheck Protection Program (PPP) has saved millions of jobs and kept countless small businesses afloat during this pandemic. I am committed to making this program work better for American small businesses, and today's bill was the latest step toward a stronger PPP. By extending the duration of the program, increasing loan coverage, and allowing greater flexibility in forgiveness and repayment, this legislation will go a long way in keeping millions more American workers on the payroll and ready to get back to work as soon as possible."