Negotiations Ongoing for Additional Funding for PPP
The White House and congressional Republicans are working quickly to pass $251 billion in additional funds for an emergency small business loan program by the end of this week. Democrats are amenable to the new funding, with certain conditions, including additional funding for health systems, state and local governments, and SNAP benefits.
The IRA continues to work with stakeholders and congressional leaders to advocate for enhanced relief and support for the restaurant and hospitality industry.