Removing Barriers Blog

Action Alert: Write to Congress in support of PPP forgiveness legislation
Posted July 27, 2020 by CUNA Advocacy

Action Alert!

CUNA's Chief Advocacy Officer wrote to credit unions urging them to contact their Members of Congress in support of S. 4117 and H.R. 7777 to help streamline the forgiveness process for the Paycheck Protection Program loans.

The bills would allow small businesses that have received PPP loans of $150,000 and less to have their loans forgiven.

“This legislation will help small business owners remain focused on their communities and employees, rather than burdensome regulatory hurdles,” said CUNA Chief Advocacy Officer Ryan Donovan. “The more that credit unions can do to keep Main Street businesses resilient amid this pandemic, the stronger our economic recovery will be.”

The action alert directs stakeholders to CUNA’s Grassroots Action Center, where they can reach out to their Representatives and Senators calling for them to support the legislation.

 


Hello!

Recently, Congress has begun work on legislation that will help streamline the forgiveness process for Paycheck Protection Program (PPP) loans. 

Please take a moment to share your voice with Congress to pass PPP forgiveness legislation, S. 4117/H.R. 7777. Include any available stats on how your credit union has supported small businesses in your community through the PPP. 

Take action now

Thank you for being engaged credit union advocates, and for working so hard to keep your community resilient.

Help your members’ voices be heard: Download a templated message to send to your members asking them to share their story. 

Best,  
Ryan Donovan