ASA joins coalition partners in support of extension of PPP loan availability
The American Supply Association recently joined its more than 90 coalition partners in supporting an extension of the Paycheck Protection Plan loan availability that was due to expire March 31. The Senate overwhelmingly passed the bill 92-7, and earlier this week President Biden signed the bill into law.
In a letter to senators Ben Cardin (D-MD), Susan Collins (R-ME), Jeanne Shaheen (D-NH), and representatives Nydia Velazquez (D-NY), Blaine Luetkemeyer (R-MO), Carolyn Bourdeaux (D-GA) and Andy Kim (D-NJ), ASA and its coalition partners thanked those elected officials for swift bipartisan action to provide relief to American small businesses through the continued economic emergency brought on by the COVID-19 pandemic. The coalition supports the PPP Extension Act of 2021 that extends the Small Business Administration’s PPP application period beyond the original March 31 sunset date.