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Paycheck Protection Program: Loan Forgiveness and Other Challenges

The Committee on Small Business will meet for a hearing titled, “Paycheck Protection Program: Loan Forgiveness and Other Challenges.” The hearing is scheduled to begin at 1:00 P.M. on Wednesday, June 17, 2020 via Cisco Webex.

The Committee will meet to learn about the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) and the issues borrowers and lenders have faced in applying for and using the loans, especially regarding use of proceeds that will qualify borrowers for full loan forgiveness. Members will also have the opportunity to hear about what has generally worked with the program, what has not, the changes Congress has recently made to the program, and suggestions to continue optimizing the program.

To watch a livestream of the hearing please click here

Hearing Notice 

Hearing Memo 


Ms. Melissa Kelly
Executive Chef and Proprietor
Rockland, ME

Mr. Eduardo Sosa
Senior Vice President, SBA Lending
Commerce National Bank
West Lake Hills, TX

Ms. Ashley Harrington
Director of Federal Advocacy and Senior Counsel
Center for Responsible Lending
Washington, DC

Dr. Rich Coleman, DVM
Four Paws Animal Hospital
Lebanon, OH








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