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Hearings

The Next Steps for the Paycheck Protection Program

Wednesday, March 10, 2021 | 10:00 AM
The Committee on Small Business will hold a hybrid hearing titled: “The Next Steps for the Paycheck Protection Program.” The hearing is scheduled to begin at 10:00 A.M. on Wednesday, March 10, 2021 in Room 2360 of the Rayburn House Office Building. Participating members can also join remotely via CISCO Webex.

The hearing will provide an overview of the Paycheck Protection Program (PPP) and an update for Members on the current state of the First and Second Draw loans, as well as loan forgiveness. The Committee will also hear feedback on the impact of the five programmatic changes recently announced and suggestions from stakeholders regarding the future of the program. 

To view a livestream of the hearing, please click here. 

Hearing Notice 

Hearing Memo 

Witnesses

Ms. Hilda Kennedy
Founder and President
AmPac Tri-State CDC, dba AmPac Business Capital
Ontario, CA
*Testifying on behalf of the National Association of Development Companies (NADCO)
Testimony

Ms. Lisa Bombín
President and CEO
Unico Communications, Inc.
San Antonio, TX
Testimony 

Ms. Lisa Simpson, CPA, CGMA
Vice President of Firm Services
American Institute of CPAs
Durham, NC
Testimony 

Ms. Alice Frazier
President and Chief Executive Officer
Bank of Charles Town
Charles Town, WV
*Testifying on behalf of the Independent Community Bankers of America
Testimony 
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