Did you see the news? The Small Business Administration just released new information on how the Paycheck Protection Program - which I helped pass as part of the CARES Act - is helping small businesses in our community!
Since becoming law, the Paycheck Protection Program has saved 65,726 jobs in Florida’s 18th District! This is a direct result of more than 16,500 loans being approved for a total of $542 million in small business support. Here’s what these loans have done for our community:
- 13,271 jobs saved
- 3,000+ loans approved
- $109 million in small business support
Palm Beach County
- 38,769 jobs saved
- 10,100+ loans approved
- $332 million in small business support
St. Lucie County
- 13,686 jobs saved
- 3,300+ loans approved
- $99 million in small business support
As our community continues to recover from the financial impacts of the coronavirus, it’s clear that this program has made a real difference in our community to help businesses keep their doors open. But I know for most, the fight to recover is far from over, so if there is anything I can do to assist you specifically, please do not hesitate to reach out at 202-225-3026. We will do everything in our power to help you!