In a TV interview today on Bloomberg Markets, NFIB President Brad Close discusses the additional targeted Paycheck Protection Program (PPP) funding, crucial PPP program fixes, and more in a COVID-19 recovery bill being considered in Congress this week.
Watch the video on Bloomberg TV:
This will help those small businesses that are really struggling, trying to keep their employees on the payroll… For those that are really hurting, getting a second bite at a Paycheck Protection Program loan, that’s really important; and getting an easy loan forgiveness process for those small businesses, as almost all of them have used up their loans already… Another crucial [provision] that was a fight to the very last minute was getting tax deductibility for small businesses. As they make it through this winter, the last thing they want to see is a massive tax bill in April that just puts them under.”
Brad Close, President NFIB
