Advocate for Entrepreneurs on U.S. House Passage of CARES Act: Small Business Owners Look forward to Signing by President Trump

By at 27 March, 2020, 2:09 pm


For Immediate Release
March 27, 2020

Washington, D.C. – Following passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act by the U.S. House today, Small Business & Entrepreneurship Council (SBE Council) president & CEO Karen Kerrigan issued the following statement:

“Small businesses across America are eagerly awaiting the critical capital access provisions in the CARES Act. Capital and tax relief can’t come soon enough.

“Small business owners are desperate to support their employees during this unprecedented crisis facing the country, and the capital access and tax credit provisions will allow them to do just that. Moreover, these provisions will keep more small businesses intact and help to ensure we have a small business economy once this crisis is behind us. A diverse array of small businesses and self-employed entrepreneurs will be able to utilize provisions included in this legislative package.

“We look forward to our continued work across the federal government to ensure small businesses receive the financial support they need, and in a timely manner, to make sure the recovery from this crisis is a robust one.”

SBE Council’s COVID-19 Small Business Resource Center

CARE Act: What’s in it for Small Business, the Self-Employed and Gig Workers

Karen Kerrigan, SBE Council president & CEO

SBE Council is nonpartisan advocacy, research and education organization dedicated to protecting small business and promoting entrepreneurship. For 25 years, SBE Council has worked on and advanced a range of private sector and public policy initiatives to strengthen the ecosystem for strong startup activity and small business growth. Visit @SBECouncil

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