Washington, DC- Expanding the Paycheck Protection Program (PPP) eligibility to chambers of commerce has been a key pillar of the U.S. Black Chambers (USBC) advocacy.
Recently, U.S. Senators Marco Rubio (R-FL), Ted Cruz (R-TX) and Tim Scott (R-SC) introduced a bill to expand PPP eligibility to chambers of commerce and Destination Marketing Organizations. USBC released the following statement regarding the new bill:
“As a chamber of commerce serving as the voice of the nation’s Black business owners, our top priority is ensuring Black business owners receive fair access to PPP. This means expanding eligibility to chambers of commerce and transparency in revealing data that identifies the diversity or lack thereof of PPP loan recipients.
Senators Rubio, Cruz, and Scott heard our calls for expansion to cover the invaluable work we do alongside our more than 140 affiliate African American Chambers of Commerce. We collectively commend these Senators for taking a step in the right direction to expand PPP’s eligibility to safeguard the important role chambers of commerce play in supporting small business owners,” says USBC President Ron Busby.
The U.S. Black Chambers (USBC) is at the forefront of advocating for resources to support Black business owners. Through the creation of resources and initiatives, USBC supports African American Chambers of Commerce and business organizations in their work of developing and growing Black enterprises.