releases: https://mcadams.house.gov/news/documentsingle.aspx?DocumentID=296
Data license: MIT · Data source: dwillis/congress-press
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| https://mcadams.house.gov/news/documentsingle.aspx?DocumentID=296 | McAdams supports billions more for small business loan programs, hospitals and testing | 2020-04-23 | 2020 | 2020-04 | Democrat | House | UT | Ben McAdams | M001209 | mcadams.house.gov | legacy | Washington, D.C.Congressman Ben McAdams voted for a bipartisan coronavirus aid measure that replenishes two Small Business Administration (SBA) loan programs, offering an economic lifeline to small businesses forced to close due to the public health crisis. The Paycheck Protection Program and Health Care Enhancement Act (H.R. 266) delivers an additional $310 billion to the Paycheck Protection Program (PPP), which ran out of funds two weeks after its launch. The loan-forgiveness program gives small businesses money to cover payroll and other essential expenses so that employees continue to be paid. Utah families are suffering severe economic hardship as a result of our necessary response to halt the spread of COVID-19. They worry about how they are going to pay their bills and financially survive this crisis. PPP and the Economic Injury Disaster Loans (EIDL) help us maintain a floor under Utah's small businesses and their hard-working employees as we transition to safely reopening, said McAdams. McAdams spoke on the House floor during debate. The legislation is the fourth measure approved by Congress in response to the public health and economic emergency from the highly-contagioussometimes lethaldisease. In addition to the $310 billion for the PPP forgivable loans, the bill provides $60 billion to the SBA's EIDL program, $50 billion in low-interest loans and $10 billion in emergency grants. The legislation also provides another $75 billion for hospitals and $25 billion for testing. Those funds could be used for manufacturing and distributing tests, procuring supplies such as personal protective equipment needed to administer tests, developing rapid point-of-care tests, and conducting surveillance and contact tracing. As much as $1 billion of the testing funds could be used to cover tests for the uninsured. The measure also sets aside $600 million for community health centers, as well as $225 million for rural health clinics. We must continue what is working, such as social distancing, hygiene, disinfecting surfaces and protecting the very vulnerable. In the meantime, we must provide critical economic support, including expanded funding for the PPP loans to Utah small businessesthe lifeblood of our economy and the engine driving a return to the state's prosperity, said McAdams. ### | 1 | 2026-03-30T12:14:52Z | 2026-03-30T12:14:52Z |