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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

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

Transcripts For ALJAZ NEWS LIVE - 30 20240712

Saudi arabia we have hundreds of thousands would be on making the annual migration of the new tourists to see them ill be calling you why. Thank you for joining us we begin in hong kong where prodemocracy activists joshua wang has called the decision to bar him from running in september his election invalid and ridiculous wong is one of 12 opposition candidates disqualified from the Legislative Council polls he says a new National Security law is being used by the government as the legal weapon to silence dissent electoral fortys accuse wong of advocating said vesey of ideas and canoe dealing with foreign forces. Beyond any doubt if the most scandalous Election Fraud air front in hong kong history they could disqualify us they could arrest us every once in which they could even call of the election and create a pop up. Parliament elsewhere just gather with beijing loyalists however long of this overturned a strong mandate for modest 600000 hong kong who are past the pale its the citys

Transcripts For ALJAZ NEWS LIVE - 30 20240712

President ial election should be delayed. And Catherine Story of the messiah. And south and we have hundreds of thousands who will be on making the annual migration of the new tourists to see them ill be telling you why. We begin in hong kong where an ongoing political crisis has deepened further the citys leader kerry lamb is expected to announce a delay to Septembers Legislative Council election for up to one year on thursday electoral authorities disqualified 12 opposition prodemocracy candidates including activist joshua wang he called the decision to block him from running invalid and ridiculous wong says a new National Security law is being used by the government as illegal weapon to silence dissent electoral authorities accuse wong of advocating subversive ideas and colluding with foreign forces. But you know and it is the most scandalous Election Fraud ever in hong kong history they could this qualify us they could arrest us influence into carol they could even call of the elec

Transcripts For ALJAZ NEWS LIVE - 30 20240712

On Katherine Floyd and the messiah is out in south in kenya and lives of thousands would have been on making the annual migration of the new tourist to see them ill be telling you why. Thank you for joining us we begin in hong kong where an ongoing political crisis is deepening further the territorys leader has invoked emergency loss to postpone Septembers Legislative Council election by a full year kerry lamb cited coronavirus size of reason for the d. N. A. This comes after beijing imposed a Controversial National security law on hong kong and is a major blow to the citys prodemocracy movement the opposition had said such a move would amount to a power grab so youre gonna get your thing the announcement i have to make today is the most difficult decision ive made in the past 7 months the Legislative Council general election is held every 4 years which is really a tough decision to deliberate but we want to ensure fairness we want to ensure Public Safety and health. As for individual

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