Policy Statements

Small Business Majority submitted a letter to Senators Cramer, Menendez, Tillis and Sinema in support of the S. 4117, which would forgive all Paycheck Protection Program (PPP) loans under $150,000, ensuring small business businesses don't incur more debt during this economic crisis.

On June 18, Small Business Majority called on U.S. Treasury Secretary Steven Mnuchin and Small Business Administrator Jovita Carranza to develop an oversight mechanism of the Paycheck Protection Program (PPP). In a letter sent to the Administration, Small Business Majority proposed a straightforward approach to collecting relevant borrower information, while making publicly available only the full data of the highest 15% of borrowers.

Small Business Majority filed an amicus brief today with the U.S. Supreme Court in the case of Texas v. U.S., which has challenged the constitutionality of the Affordable Care Act (ACA). The brief urges the Supreme Court to fully uphold the Affordable Care Act and outlines how the law has benefited small businesses, self-employed entrepreneurs and small business employees who previously struggled to access quality, affordable health coverage.

Amidst reports that small business owners around the country are waiting days and weeks to receive their Economic Injury Disaster Loan (EIDL) funds and that borrowers are not receiving their loan advances as required by the recent stimulus package, Small Business Majority sent a letter to the U.S. Small Business Administration demanding that they address this issue and ensure better communication and efficiency in the loan process.