Tag: jovita carranza

Marco Rubio Wants Info from SBA on EIDL Fraud

On Thursday, Rubio sent a letter to Jovita Carranza, the administrator of the U.S. Small Business Administration (SBA), requesting information from the agency following a recent Inspector General report that found billions of dollars in potential fraud in the expanded Economic Injury Disaster Loan (EIDL) program for COVID-19. 

Marco Rubio Wants Info from Treasury, SBA on Auditing PPP Loans

Rubio, the chairman of the U.S. Senate Small Business and Entrepreneurship Committee, sent a letter to U.S. Treasury Sec. Steven Mnuchin, and Jovita Carranza, the administrator of the U.S. Small Business Administration (SBA), urging the agencies to provide the committee with information related to the loan review and forgiveness procedures that will be used to audit Paycheck Protection Program (PPP) loans. 

Marco Rubio Wants Answers From DOJ on Why Planned Parenthood Federation of America...

On May 22, Rubio led 33 of his Senate colleagues and 94 Members of the House of Representatives in requesting that Jovita Carranza, the administrator of the Small Business Administration (SBA), conduct a full investigation into how 37 Planned Parenthood affiliates applied for and improperly received a total of $80 million in loans from the PPP.

Marco Rubio Wants Treasury, SBA to Offer More Data on the PPP

As Chairman and Ranking Member of the U.S. Senate Committee on Small Business and Entrepreneurship, and as two of the principal authors of the small business provisions in the CARES Act, we are writing to express our views on a number of implementation and oversight concerns with the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) and Emergency Grant programs.

Marco Rubio Showcases Main Street Perspectives on COVID-19’s Impact on Small Businesses

On Wednesday, U.S. Sen. Marco Rubio, R-Fla., the chairman of the U.S. Senate Small Business and Entrepreneurship Committee, convened a hearing titled, “Perspectives from Main Street: COVID-19’s Impact on Small Business.”

North Florida Congressmen Want Lake City Aircraft Manufacturing Company Included in PPP

This week, U.S. Rep. Al Lawson, D-Fla., and U.S. Rep. Neal Dunn, R-Fla., wrote U.S. Treasury Sec. Steven Mnuchin and SBA Administrator Jovita Carranza, urging them in include Lake City’s HAECO Airframe Services, LLC under the PPP.

Marco Rubio Supports Safe Harbor for More Than 99 Percent of PPP Borrowers

The CARES Act required that a borrower must certify in good faith that they have been harmed by the coronavirus pandemic and do not have access to other liquidity. SBA has issued guidance that businesses who cannot certify in good faith must return their PPP loan by May 14, 2020.
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Marco Rubio Asks for Information on SBA Disaster Preparedness in Advance of 2020 Hurricane...

Rubio urged Jovita Carranza, the administrator of the U.S. Small Business Administration (SBA), to provide information on the SBA’s Office of Disaster Assistance (ODA) preparedness to respond to potential natural disasters that could arise in the upcoming months in advance of the 2020 Atlantic hurricane season beginning on June 1.

Florida Reps Join Congressional Hispanic Caucus Calling on SBA, Treasury to Help Minority-Owned Small...

Two Democrats in the Florida delegation signed on a letter as the Congressional Hispanic Caucus wrote U.S. Treasury Sec. Steven Mnuchin and U.S. Small Business Administration (SBA) Administrator Jovita Carranza calling on them to make sure affiliation rules are not changed to allow large private equity firms to get funds set aside for small businesses.

Marco Rubio, Ben Cardin: Treasury and SBA Need to Fix 7(a) Loan Program

Due to a technical drafting error, the CARES Act and the Paycheck Protection Program and Health Care Enhancement Act did not create separate authorization levels for the 7(a) program and the Paycheck Protection Program.

Marco Rubio Calls on SBA and Treasury to Prioritize CDFI Funding for the Paycheck...

rom his post as chairman of the U.S. Senate Small Business and Entrepreneurship Committee, U.S. Sen. Marco Rubio, R-Fla., urged Jovita Carranza, the administrator of the U.S. Small Business Administration (SBA), and U.S. Treasury Sec. Steven Mnuchin to provide immediate guidance and expedite approvals to ensure Community Development Financial Institutions (CDFI) .

Marco Rubio Wants More Guidelines from SBA, Treasury Department on Small Business Loans

At the end of last week, U.S. Sen. Marco Rubio, R-Fla., the chairman of the U.S. Senate Small Business and Entrepreneurship Committee, sent a letter to U.S. Small Business Administration (SBA) Administrator Jovita Carranza and U.S. Treasury Sec. Steven Mnuchin detailing a number of procedures and guidance that should be clarified within the Paycheck Protection Program.
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