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Greater Louisville Inc. The Metro Chamber of Commerce 2019 Chamber of the Year
× Greater Louisville Inc. The Metro Chamber of Commerce

Growing the Regional Economy

Attention Investors:

GLI to congress: Give businesses more flexibility with PPP loan forgiveness

In a letters to the greater Louisville congressional delegation, GLI urged Congress to give businesses more flexibility in how their Paycheck Protection Program loans can be forgiven. “Due to causes outside of their control, many PPP recipients in our region have expressed grave uncertainty about whether they will meet the program’s strict and often complex forgiveness requirements. GLI urges Congress to ease forgiveness requirements for PPP recipients and create more flexibility in how businesses can have their loans forgiven. This will help prevent future business closings and future economic damage,” wrote GLI President & CEO Sarah Davasher-Wisdom.

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