Report: Paycheck Protection Program Loans Preserving Businesses, Jobs in Clark County
More than 6,400 businesses received PPP loans, estimated over 66,000 jobs saved or retained in Clark County
Today, Congresswoman Jaime Herrera Beutler welcomed the news that more than 6,400 Clark County businesses received Paycheck Protection Program loans, with an estimated 66,000 jobs being saved or retained. Herrera Beutler championed the creation of the PPP to aid small businesses and workers during the COVID pandemic.
“There’s no doubt that Southwest Washington’s economies and workforce have been severely impacted by COVID-19. Fortunately, the data now proves that the Paycheck Protection Program has provided Main Street employers and workers with a critical lifeline to stay afloat during this difficult time. I’m pleased to see that thousands of small businesses have been able to successfully secure these critical, and forgivable, emergency loans. I’ve worked with many of our local employers when I advocated for this program in Congress, and I’ll keep fighting for our small businesses and their employees in Southwest Washington to get them through this crisis,” Herrera Beutler said.
Additional Work on PPP:
In March, Herrera Beutler joined members of both parties in advocating for the creation of the Paycheck Protection Program. She also voted in favor of additional PPP funding in a COVID-relief package in April, voted to increase flexibility for the program, and introduced legislation to increase PPP funding.
CLICK HERE for a breakdown of the Small Business Administration’s Paycheck Protection Loans.