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Hearings

Paycheck Protection Program: Loan Forgiveness and Other Challenges

The Committee on Small Business will meet for a hearing titled, “Paycheck Protection Program: Loan Forgiveness and Other Challenges.” The hearing is scheduled to begin at 1:00 P.M. on Wednesday, June 17, 2020 via Cisco Webex.

The Committee will meet to learn about the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) and the issues borrowers and lenders have faced in applying for and using the loans, especially regarding use of proceeds that will qualify borrowers for full loan forgiveness. Members will also have the opportunity to hear about what has generally worked with the program, what has not, the changes Congress has recently made to the program, and suggestions to continue optimizing the program.

To watch a livestream of the hearing please click here

Hearing Notice 


Hearing Memo 


Witnesses

Ms. Melissa Kelly
Executive Chef and Proprietor
Primo
Rockland, ME
Testimony 

Mr. Eduardo Sosa
Senior Vice President, SBA Lending
Commerce National Bank
West Lake Hills, TX
Testimony 

Ms. Ashley Harrington
Director of Federal Advocacy and Senior Counsel
Center for Responsible Lending
Washington, DC
Testimony

Dr. Rich Coleman, DVM
Owner
Four Paws Animal Hospital
Lebanon, OH
Testimony 

 

 

 

 

 

 

 



















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