Christ Yoder
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ELMIRA, NY (WETM) – On Thursday, April 16, the Chemung County Chamber of Commerce urged congressional leaders to work together to allocate additional funding to the CARES Act COVID-19 emergency loan programs known as the name of Paycheck Protection Program (PPP) and Emergency Disaster Loan (EIDL).
As a member of the Advocacy Coalition of Rochester Area Chambers (ACRAC), the Chemung Chamber spearheaded an additional letter of support from the regional chamber group, posted on April 17. In independently written requests, ACRAC and the Chemung Chamber wrote, in part:
Unfortunately, unprecedented demand has caused both programs to quickly hit their statutory caps. Millions of businesses are at a standstill, with apps still in the works, waiting to see if and when help can arrive. more, the SBA is unable to accept new applications for either program, leaving countless businesses in deep trouble. Small businesses make up 99.9% of all U.S. businesses and they are counting on Congress to come to an agreement in order to survive.
“No small business, self-employed person, non-profit organization or independent entrepreneur should be left behind during this crisis. Once again, we urge you to work together and negotiate increased funding for the PPP and EIDL programs. The future of our economy is at stake.
Download the letter from the Chemung County Chamber of Commerce here.
