Though the deadline to apply for Paycheck Protection Program assistance has passed, nearly $138 billion in funding remains unspent. Dr. Joyce signed a discharge petition to force a vote on H.R. 8265, which would extend the Paycheck Protection Program until December 31, 2020 and offer a lifeline to small businesses in Pennsylvania and around the country.
At Wednesday’s Small Business Committee hearing on the Paycheck Protection Program, Dr. Joyce asked Small Business Administration (SBA) Chief of Staff William Manger to explain the process for reopening the Paycheck Protection Program. Mr. Program testified that the SBA could “flip a switch” and get much-needed funding to small businesses. Watch their full exchange.
