Congressman Kim Calls for Transparency in Paycheck Protection Program at Small Business Committee Hearing

June 17, 2020
Press Release

Congressman Kim Calls for Transparency in Paycheck Protection Program
at Small Business Committee Hearing

WASHINGTON, DC – Today, Congressman Andy Kim (NJ-03) called for greater transparency for funds allocated through the Paycheck Protection Program (PPP) and clarity for small business owners on loan forgiveness during a hearing of the House Small Business Committee on the PPP.

“This is one of the most important issues that I hear constantly about in my district in New Jersey,” said Congressman Kim. “Reforms to the Paycheck Protection Program and making sure funds get into the hands of the people who need it the most is really a critical question.”

Today’s hearing comes on the heels of an announcement by the House Select Committee on the Coronavirus Crisis of an investigation into the disbursement of PPP funds. The Congressman’s full remarks and questions to experts testifying before the House Small Business Committee can be found here.

Information about Congressman Kim’s actions to contain the Coronavirus pandemic and address the ongoing economic impact, including calls to increase and fast track help to small businesses, can be found on his website by clicking here.

Congressman Kim is a member of the bipartisan House Select Committee on the Coronavirus Crisis, where he serves as one of twelve members of the House tasked with conducting oversight over programs aimed at ending the Coronavirus pandemic and helping address the economic impact it’s having on the American people. Congressman Kim is also a member of the House Committee on Small Business where he serves as the Chairman of the Subcommittee on Economic Growth, Tax and Capital Access. More information about Congressman Kim can be found on his website by clicking here.

 

 

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