Tag: u.s senate committee on small business and entrepreneurship
In April, Rubio sent a letter to a number of large banking institutions who participate in the PPP requesting information on their application process amid recent reports certain large banks prioritized borrower applications, which is a violation of congressional intent of the program.
On Monday, U.S. Sen. Marco Rubio, R-Fla., the chairman of the U.S. Senate Committee on Small Business and Entrepreneurship, sent a letter to Jovita Carranza, the administrator of the U.S. Small Business Administration (SBA), urging the agency to issue an Economic Injury Disaster Loan (EIDL) declaration for the state of Florida to help businesses receive SBA EIDL loans that are suffering from economic injury due to the coronavirus.
In 2017, Rubio wrote a letter to Lighthizer urging him to consider digital trade, predictability in cross-border transactions, and intellectual property protections for small businesses. All of these critical provisions are included in USMCA’s first-ever small business chapter.