Senator Chris Coons

@ChrisCoons ↗

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Last Checked June 19, 2020

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Thu Jun 04 16:24:32 +0000 2020

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Senator Chris Coons @ChrisCoons

The PPP loan program has quickly delivered liquidity to struggling businesses and nonprofits. But because the crisis has proven worse than anticipated, PPP didn’t provide many employers in Delaware with the help they needed. — PolitiTweet.org

Posted June 4, 2020

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Senator Chris Coons @ChrisCoons

One of the most consistent things I’ve heard from Delaware business owners is that they need more flexibility with PPP loans – that’s why I’m so glad to announce that the Senate has finally passed a bill to give business owners more flexibility with this important loan program. — PolitiTweet.org

Posted June 4, 2020

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Senator Chris Coons @ChrisCoons

One of the main problems was the requirement for borrowers to spend funds over just 8 weeks – which wasn’t realistic for many – especially those subject to closures. — PolitiTweet.org

Posted June 4, 2020