ASA Supports the PPP Extension Act of 2021
On March 11, 2021, ASA joined the U.S. Chamber of Commerce, National Federation of Independent Business (NFIB), American Hotel & Lodging Association, International Franchise Association and more in strong support of the Paycheck Protection Program Extension Act of 2021, which would extend the Small Business Administration’s (SBA) application period beyond March 31, 2021 to June 30, 2021. Nearly one year into the COVID-19 pandemic, the continued liquidity challenges of the small business sector remain acute, especially for those business limited by dramatic capacity restrictions and other critical health and safety protocols in place to protect the public, consumers and workers from COVID-19. The House voted on this legislation on Wednesday, March 16th.