The Paycheck Protection Program (PPP) has provided much-needed relief to Tennessee – both businesses and employees. As our state begins to re-open, I believe our small businesses need more flexibility in terms of their PPP loans.
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Last week, the House passed a bill providing more flexibility to small businesses that have received loans through the PPP. I supported this legislation b/c it addresses the varying needs of our Main Street job creators and ensures they can focus on getting back on their feet.
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I am pleased to report that the Senate also passed this legislation – one step closer to Tennessee businesses getting the relief and flexibility they need.
