Step 1: Extend Paycheck Protection Program -- now!
CARSON CITY, Nev., April 17, 2020—From Randi Thompson, NFIB Nevada state director, on this morning’s release of NFIB’s 10-point plan to help ensure small businesses have access to needed resources.
“Nevada businesses need more help! I have talked with numerous small-business owners who applied for the Paycheck Protection Program but failed to receive the loan. Currently, only 4,200 small businesses in Nevada received PPP loans totaling $1.25 billion. Compared to states similar in size, Nevada received about a third of the loans and financial support than other states.”
From NFIB President and CEO Brad Close:
“Small businesses, which account for half of the American economy and nearly half of all jobs, are fighting for their survival every day that this crisis continues. Efforts by the Administration and Congress, while well intentioned, have been met with significant challenges to this point,” said NFIB President Brad Close. “There are lessons to be learned, however, and this plan provides several clear and actionable steps for Congress to take that will help give small businesses a fighting chance.”
Keep up with the latest on Nevada small business at www.nfib.com/nevada or by following NFIB on Twitter @NFIB_NV
For more than 75 years, NFIB has been advocating on behalf of America’s small and independent business owners, both in Washington, D.C., and in all 50 state capitals. NFIB is a nonprofit, nonpartisan, and member-driven association. Since our founding in 1943, NFIB has been exclusively dedicated to small and independent businesses and remains so today. For more information, please visit nfib.com.
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