CLEVELAND, OH – Today, U.S. Sen. Sherrod Brown (D-OH) and Gil Goldberg, District Director of the U.S. Small Business Administration’s (SBA) Cleveland District Office, hosted a news conference call with small business owners in Ohio to talk about resources available to them during the coronavirus pandemic and answer questions.
“We know what a toll this is taking on small businesses. You’ve been put in an impossible position – many of you have been forced to close your doors to keep your customers and your employees safe, but you still have bills coming due. Please know that we know how hard this is – and we are doing everything we can to try to make this a little bit easier, and get you the help you need to weather this and reopen your doors as strong as ever,” said Brown.
In the most recent stimulus package passed by Congress and signed into law, Brown helped secure important wins for Ohio small businesses, including:
- Funding for SBA emergency grants of up to $10,000, to provide immediate relief for small business operating costs,
- Funding for SBA to cover 6 months of payments for small businesses that already have existing SBA loans,
- Funding for the Paycheck Protection Program, which includes up to 8 weeks of payroll and other costs will be forgiven as long as employers retain their employees and their salaries.
Brown will continue pushing for resources and funding for Ohio small businesses in any future stimulus package.