SBA Prioritizes Small Business in Newest Round of Paycheck Protection Program
The U.S. Small Business Administration are taking steps with the Paycheck Protection Program to further promote equitable relief for America’s “mom-and-pop” businesses.
“The SBA is a frontline agency working to create an inclusive economy, focused on reaching women-owned, minority-owned, low- and moderate-income, rural, and other underserved communities in meaningful ways,” said SBA Senior Advisor Michael Roth. “While reported data illustrates we have made real strides in ensuring these funds are reaching underserved communities, we believe we can still do better. The important policy changes we are announcing further ensure inclusivity and integrity by increasing access and much-needed aid to Main Street businesses that anchor our neighborhoods and help families build wealth.”