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Transcripts For CSPAN2 House Hearing On PPP Loan Forgiveness Process 20240712

202140 upon competition. Tips and more information on how to get started at a website, student cam. Org. The house Small Business subcommittee held a hearing on the Paycheck Protection Program also known as ppe. Small Business Owners testified about their experiences applying for ppe loan forgiveness. An excellent how this process could be confusing. We are meeting today to conduct an important hearing onl the Small Business administration Paycheck Protection Program or ppe. Specifically, a review of the loan forgiveness process. I want to thank each of the witnesses for their testimonies today. In the pastovas several months s committee has held numerous hearings on ppe. We have heard from borrowers and lenders about the challenges they face. Ive also traveled across counties in new jersey to speak with Business Owners about how e they fared during this pandem. And for some of them discuss the challenges they face with the ppe. In uncertainty about the futureo holds. Borrowers to even

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Transcripts For CSPAN2 House Hearing On PPP Loan Forgiveness Process 20240712

We are meeting today to conduct an important hearing on the Small Business administration Paycheck Protection Program, or ppp, specifically, review review of the loan forgiveness process. I want to thank each of the witnesses for their testimonies today. Over the past several months, this committee has held numerous hearings on the ppp, and weve heard from borrowers and lenders about the challenges theyve faced in accessing the program. Ive also traveled across my district of burlington and ocean counties in new jersey to speak with Business Owners about how theyve fared during the pandemic, and ive heard some of the successes and challenges theyve faced with ppp and uncertainty about what the future holds. From borrowers who eventually did access a loan, the Committee Heard concerns about complicated, unclear, and sometimes conflicting Program Rules and other requirements associated with loan forgiveness. Lenders also expressed a great deal of frustration over the needlessly complicat

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Transcripts For CSPAN2 House Hearing On PPP Loan Forgiveness Process 20240712

Hearings on the ppp, and weve heard from borrowers and lenders about the challenges theyve faced in accessing the program. Ive also traveled across my district of burlington and ocean counties in new jersey to speak with Business Owners about how theyve fared during the pandemic, and ive heard some of the successes and challenges theyve faced with ppp and uncertainty about what the future holds. From borrowers who eventually did access a loan, the Committee Heard concerns about complicated, unclear, and sometimes conflicting Program Rules and other requirements associated with loan forgiveness. Lenders also expressed a great deal of frustration over the needlessly complicated rules and reported feeling unable to adequately help their borrowers through the forgiveness process. Through it all, borrowers simply wanted to ensure they were using loan proceeds consistent with the law so they could qualify for full loan forgiveness, and effectively convert the loan into a grant, which was the

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Transcripts For ALJAZ NEWS LIVE - 30 20240712

State owned oil Company Blames the u. A. E. For a blockade on oil exports reimposed by the warlord hell if i have to. Exit polls suggest a tight race in poland as both incumbent president and his rival claim victory in the runoff vote. 230000 covert 19 infections in 24 hours the world has just recorded its biggest daily rise since the Virus Outbreak began thats according to the World Health Organization and the situation in the United States the country hardest hit has taken a turn for the worse the state of florida alone registered more than 15000 new cases on sunday that number supposes the highest daily tally reported by any european nation and what new york recorded when the pandemic peak there in april florida began lifting restrictions. In may elsewhere in the world south africa has reimposed a nighttime curfew and a ban on the sale of alcohol it has the highest number of cases on the continent of africa nearly 13000000 people globally have been diagnosed with covert 19 more than

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Transcripts For ALJAZ NEWS LIVE - 30 20240712

A tight race between the 2 men putting it out to be president. So theres been another record daily rise in the number of corona virus cases around the world 230000 people have been infected more than a quarter of those are in the United States state of florida is be particularly badly hit it lifted restrictions in may its just reopened disneyland but its also shattered the National Record with over 15000. 00 infections and thats a part of the previous record set by new york medical haters in maryland and she explains the reason for the surge in florida and in other states but it comes to current a virus in the United States a case of where you live and what your governor i decided to do remember this was the issue where the u. S. President said this is up to the states they need. To figure out their testing they need to figure out their hospitals so here in maryland with a republican governor took it very seriously shut it down didnt reopen quickly the hospitals have plenty of capacity

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