ISSA Calls for Congress to Support Small Businesses With Additional COVID-19 Relief

December 1, 2020 ISSA Calls for Congress to Support Small Businesses With Additional COVID-19 Relief

ISSA joined nearly 100 organizations representing small businesses in every sector of the economy to urge “swift action” during this Congress to support America’s small businesses with much-needed additional relief from the coronavirus pandemic.

In a letter to U.S. congressional leaders, the signatories asked them to “expeditiously enact legislation which would allow businesses to access a second Paycheck Protection Program (PPP) loan with tax deductibility and streamlined forgiveness.” The signatories noted the “recent spike in COVID-19 cases and resulting government shutdowns make it a moral imperative that the federal government provide additional relief to help small businesses survive these shutdowns. The PPP was uniquely crafted to allow small businesses fast access to capital at the outset of this crisis, and it remains the best solution to provide relief a second time.”

Additionally, the signatories called on Congress to enact full tax deductibility for PPP loans, which “is consistent with congressional intent,” and simplifies forgiveness for the smallest PPP borrowers.

“ISSA, which has thousands of small business members on the front lines of the COVID-19 fight, calls on Congress to act on additional relief,” said ISSA Director of Government Affairs John Nothdurft. “We urge Congress to provide a lifeline for small cleaning businesses facing insolvency, closure, and layoffs from what has become a prolonged economic crisis as a result of the pandemic.”

Take action: Using ISSA’s Action Center, please take a moment to call, email, and tweet your federal elected officials and urge them to pass additional COVID-19 relief. For questions regarding ISSA advocacy, including our response to the pandemic, please contact John Nothdurft.