{"id":99614,"date":"2020-04-24T16:28:48","date_gmt":"2020-04-24T23:28:48","guid":{"rendered":"http:\/\/69.46.6.243\/?p=99614"},"modified":"2020-04-24T16:28:48","modified_gmt":"2020-04-24T23:28:48","slug":"joint-statement-by-sba-administrator-jovita-carranza-and-treasury-secretary-steven-t-mnuchin-on-the-resumption-of-the-paycheck-protection-program","status":"publish","type":"post","link":"https:\/\/new.thepinetree.net\/?p=99614","title":{"rendered":"Joint Statement by SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin on the Resumption of the Paycheck Protection Program"},"content":{"rendered":"<p>Washington, DC&#8230; Administrator of the U.S. Small Business Administration Jovita Carranza and U.S. Treasury Secretary Steven T. Mnuchin issued the following statement today on the resumption of the Payroll Protection Program (PPP).\u00a0 \u201cWe are pleased that President Trump has signed into law the Paycheck Protection Program and Health Care Enhancement Act, which provides critical additional funding for American workers and small businesses affected by the coronavirus pandemic.\u00a0 We want to thank Leader McConnell, Leader Schumer, Speaker Pelosi, and Leader McCarthy for working with us on a bipartisan basis to ensure that the Paycheck Protection Program is funded so that small businesses can keep hardworking Americans on the payroll.<\/p>\n<p><a href=\"http:\/\/sba.gov\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-99615\" src=\"https:\/\/new.thepinetree.net\/wp-content\/uploads\/2020\/04\/About_SBA_main_image_0.jpeg\" alt=\"\" width=\"640\" height=\"205\" srcset=\"https:\/\/new.thepinetree.net\/wp-content\/uploads\/2020\/04\/About_SBA_main_image_0.jpeg 960w, https:\/\/new.thepinetree.net\/wp-content\/uploads\/2020\/04\/About_SBA_main_image_0-300x96.jpeg 300w, https:\/\/new.thepinetree.net\/wp-content\/uploads\/2020\/04\/About_SBA_main_image_0-768x246.jpeg 768w, https:\/\/new.thepinetree.net\/wp-content\/uploads\/2020\/04\/About_SBA_main_image_0-570x182.jpeg 570w, https:\/\/new.thepinetree.net\/wp-content\/uploads\/2020\/04\/About_SBA_main_image_0-701x224.jpeg 701w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<p>\u201cThe\u00a0Small Business Administration will resume\u00a0accepting PPP loan\u00a0applications\u00a0on Monday, April 27 at 10:30AM EDT from approved lenders on behalf of any eligible borrower.\u00a0 This will ensure that SBA has properly coded the system to account for changes made by the legislation.<\/p>\n<p>\u201cThe PPP has supported more than 1.66 million small businesses and protected over 30 million jobs for hardworking Americans.\u00a0 With the additional funds appropriated by Congress, tens of millions of additional workers will benefit from this critical relief.<\/p>\n<p>\u201cWe encourage all approved lenders to process loan applications previously submitted by eligible borrowers and disburse funds expeditiously.\u00a0 All eligible borrowers who need these funds should work with an approved\u00a0lender to apply.\u00a0 Borrowers should carefully review PPP regulations and guidance and the certifications required to obtain a loan.<\/p>\n<p>\u201cThe Trump Administration is fully committed to ensuring that America\u2019s workers and small businesses continue to get the resources they need to get through this challenging time.\u201d<\/p>\n<p>For more information on the Paycheck Protection Program, visit:\u00a0<a href=\"http:\/\/www.sba.gov\/paycheckprotection\">sba.gov\/paycheckprotection<\/a>.<\/p>\n<p>###<\/p>\n<p><strong>About the U.S. Small Business Administration<\/strong><br \/>\nThe U.S. Small Business Administration makes the American dream of business ownership a reality.\u00a0As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster.\u00a0It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit\u00a0<a href=\"http:\/\/www.sba.gov\/\">www.sba.gov<\/a>.\u00ad<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Washington, DC&#8230; Administrator of the U.S. Small Business Administration Jovita Carranza and U.S. Treasury Secretary Steven T. Mnuchin issued the following statement today on the resumption of the Payroll Protection Program (PPP).\u00a0 \u201cWe are pleased that President Trump has signed into law the Paycheck Protection Program and Health Care Enhancement Act, which provides critical additional [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":99615,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_cbd_carousel_blocks":"[]","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,20,5,1],"tags":[],"class_list":["post-99614","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-featured","category-government","category-news","last_archivepost"],"jetpack_featured_media_url":"https:\/\/new.thepinetree.net\/wp-content\/uploads\/2020\/04\/About_SBA_main_image_0.jpeg","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts\/99614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=99614"}],"version-history":[{"count":0,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts\/99614\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/media\/99615"}],"wp:attachment":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=99614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=99614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=99614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}