Dr. Ruiz Votes for the Paycheck Protection Program and Health Care Enhancement Act
April 24, 2020
The latest coronavirus relief package that will strengthen support for small businesses, hospitals, and health care providers is on its way to the President's desk.
The Paycheck Protection Program and Health Care Enhancement Act Explained
- For small businesses: $310 billion for the Paycheck Protection Program, which includes $60 billion for community-based lenders, $50 billion for SBA disaster lending, and $10 billion in SBA disaster grants.
- For hospitals and health care providers: $75 billion to provide resources to our hospitals, including Personal Protective Equipment.
- For COVID-19 testing: $25 billion for expanded testing with requirements to create a federal strategic testing plan.
This bill will bring much-needed relief to millions across the country and help save lives. If you are a small business owner, you can apply for funding through your local lender once it's available. Learn more here.
I will continue working to ensure our community has the resources and relief we need to weather this storm.
Sincerely,
Raul Ruiz, M.D.
Member of Congress