NASE News

NASE Continues to Call for PPP Forgiveness and Relief

In a letter to congressional leaders, NASE along with nearly a hundred organizations, encouraged action on PPP forgiveness and additional business relief as tens of thousands of businesses struggle to minimize the impact of the Covid-19 pandemic. 

"We encourage Congress to quickly consider legislation that will help countless businesses
navigate the overly complex forgiveness process. S. 4117, The Paycheck Protection Program Small Business Forgiveness Act, sponsored by Senators Kevin Cramer, Bob Menendez, Thom Tillis and Kyrsten Sinema and H.R. 7777, The Paycheck Protection Small Business Forgiveness Act, sponsored by Reps. Chrissy Houlahan and Fred Upton are bipartisan and bicameral legislation introduced earlier this Congress and would reduce compliance costs by streamlining the forgiveness process for mom-and-pop businesses who received PPP loans during these unprecedented times. Additionally, passing such legislation that would expand the hold harmless protections for lenders will provide financial institutions that originated and currently service PPP loans the opportunity to focus their time and energy on providing much-needed credit and financial services to individuals and businesses by creating regulatory certainty for PPP loans in the future."

PPP Coalition Letter to House and Senate Leadership

The letter was signed by the following organizations: 

Aeronautical Repair Station Association  
AICC, The Independent Packaging Association 
Air Conditioning Contractors of America (ACCA) 
American Bankers Association 
American Case Management Association 
American Dental Association 
American Farm Bureau Federation  
American Financial Services Association 
American Foundry Society  
American Hotel & Lodging Association 
American Jail Association 
American Land Title Association 
American Road & Transportation Builders Association (ARTBA)  American Staffing Association  
America's SBDC 
Asian American Hotel Owners Association 
Associated General Contractors of America 
Associated Industries of Massachusetts 
Associated Wire Rope Fabricators 
Association for Comprehensive Energy Psychology 
Association for Enterprise Opportunity  
Association of Credit and Collection Professionals 
Association of Marina Industries 
Association of Women’s Business Centers 
Association of Woodworking & Furnishing Suppliers 
Bank Policy Institute  
Brick Industry Association 
CAMEO- California Association for Micro Enterprise Opportunity  Commercial Food Equipment Service Association – CFESA Consumer Bankers Association 
Credit Union National Association 
Decorative Hardwoods Association  
DHI – Door Security + Safety Professionals  
Electronic Transactions Association 
Electronics Representatives Association 
Financial Services Forum 
Foodservice Consultants Society International - The Americas Division  Golf Course Superintendents Association of America  
GovEvolve 
Habitat for Humanity International 
Home Furnishings Association  
HUBZone Contractors National Council 
Independent Beauty Association  
Independent Community Bankers of America 
Independent Electrical Contractors  
Independent Insurance Agents & Brokers of America 
Innovative Lending Platform Association 
International Franchise Association 
International Sign Association 
Leading Builders of America 
Manufacturer & Business Association
Marine Retailers Association of the Americas 
Mid-Size Bank Coalition of America  
Modular Building Institute 
Modular Home Builders Association 
National Association for Surface Finishing  
National Association for the Self-Employed 
National Association of Chain Drug Stores 
National Association of Federally-Insured Credit Unions National Association of Home Builders  
National Association of Professional Employer Organizations National Association of Professional Insurance Agents 
National Association of Realtors 
National Association of Surety Bond Producers  
National Association of Tax Professionals 
National Association of the Remodeling Industry  
National Career Development Association 
National Community Pharmacists Association 
National Cotton Council 
National Electrical Contractors Association  
National Electrical Manufacturers Representatives Association (NEMRA)  National Limousine Association  
National Marine Manufacturers Association 
National Restaurant Association 
National Retail Federation 
National RV Dealers Association (RVDA)  
National Stone, Stand & Gravel Association  
National Wooden Pallet & Container Association 
New York State Land Title Association 
North American Association of Food Equipment Manufacturers (NAFEM) Page 30 Coalition 
Painting Contractors Association 
Pet Industry Distributors Association. 
Professional Beauty Association (PBA) 
Secondary Materials and Recycled Textiles Association 
Small Business Roundtable 
Society of American Florists  
Society of Collision Repair Specialists (SCRS) 
South Carolina Restaurant & Lodging Association 
Specialty Equipment Market Association (SEMA) 
Specialty Tools & Fasteners Distributors Association 
Specialty Tools & Fasteners Distributors Association
The Brick Industry Association  
The Energy Marketers of America (EMA)  
The Global Cold Chain Alliance  
The Mineral, Metals, and Materials Society 
The National Association of Trailer Manufacturers  The National Bankers Association  
The National Council of Investigation & Security Services The Promotional Products Association International (PPAI)  The Small Business Council of America  
The Small Business Legislative Council  
The Texas Bankers Association  
Tire Industry Association 
U.S. Black Chambers 
U.S. Chamber of Commerce 
United States Hispanic Chamber of Commerce United Veterinary Services Association 
Vacation Rental Management Association  
Washington Retail Association 
Women Impacting Public Policy (WIPP) 
World Floor Covering Association 
Young Audiences Arts for Learning

 



Courtesy of NASE.org
https://www.nase.org/about-us/Nase_News/2020/11/19/nase-continues-to-call-for-ppp-forgiveness-and-relief