Bipartisan Group of Lawmakers Comes Together to Extend the Popular PPP for 2 Months
Fullerton, CA – Less than three months into her first term, Congresswoman Young Kim has already passed her first bill – the bipartisan Paycheck Protection Program (PPP) Extension Act. The legislation would extend the critical COVID-relief loan program by two months and provide an additional 30 days for the U.S. Small Business Administration (SBA) to process loan applications submitted prior to the new deadline.
At the onset of COVID-19 over one year ago, Young Kim promised voters that she would fight for the relief and support they needed from the federal government to weather the crisis. After winning a tight election in 2020, Kim went straight to work for her community and is diligently working across the aisle to quickly deliver much needed help for small businesses. Kim is one of the first freshman members to lead a bill through the House in the 117th Congress.
“The PPP program is proof that our government can act to meet the needs of the American people in an effective bipartisan way,” said Kim. “I’m proud to sponsor this legislation and will continue to work so that millions of small businesses can apply for and receive the funds they need to keep their doors open.
Our government has an obligation, and the means, to do everything in its power to ensure that each and every small business in America comes out of this intact, and that is exactly what this legislation accomplishes. I will continue to fight for the resources our community needs to lessen the economic burden of COVID-19.”
Rep. Young Kim represents California’s 39th Congressional District, which includes portions of Orange, Los Angeles, and San Bernardino counties. Young Kim is a first generation Korean-American who ran for Congress to ensure every American has a chance at the American Dream. She was elected to Congress in November 2020 and sits on the House Committees of Foreign Affairs, Small Business, and Science, Space and Technology in the 117th Congress.