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Outbreak of covid19 has led to an unprecedented Public Health crisis and a dire economic crisis. We have lost over 110,000 people to the disease, and 40 million remain unemployed. Back in february as the band that it was worse, we knew we needed to take action to help our Small Businesses survive the economic downturn. We started working with the sba and governors around the country to leverage the sba disaster resources available. Can you please mute . Anyone should be muted. Everyone should be muted. As the virus continues to spread, or state and local governments began imposing stayathome o...

Coronavirus affects the economy with a hearing on the loan program created to help Small Businesses during the pandemic, including failures in the application process and wait times for receiving loans. From the house Small Business committee, this is about two hours. Good morning. Order. This hearing to the chair istion, authorized to declare a recess at any time. Everyone,thank especially our witness, for joining us today for our hearing. I want to make sure to note some important requirements. Let me begin by saying that standing house and Committee Rules and practice will continue to apply...

With a video connection please keep your camera on. If you go to another proceeding please exit this one on we will recognize each member in the time slot provided during the preceding. And with the next appropriate spot for the remainder of their time once the issues have been resolved. During testimony as staff address the technical issues. I may need to recess the proceedings for the witness to reconnect and finally remember to be muted until you are recognized to minimize the background noise. The House Resolution 965 if there is too much background noise should a member want to be recogni...

With a video connection please keep your camera on. If you go to another proceeding please exit this one on we will recognize each member in the time slot provided during the preceding. And with the next appropriate spot for the remainder of their time once the issues have been resolved. During testimony as staff address the technical issues. I may need to recess the proceedings for the witness to reconnect and finally remember to be muted until you are recognized to minimize the background noise. The House Resolution 965 if there is too much background noise should a member want to be recogni...

Loans provided through the c. A. R. E. S. Act during the coronavirus pandemic. The House Small Business Committee held this hearing. I want to thank everyone for joining us this afternoon for our committees First Official remote hearing. I want to make sure to note some important requirements. House regulations require members to be visible through a video connection throughout the proceedings. So please keep your cameras on. Also, if you have to participate in another proceeding, please exit this one and log on later. You are recognized to minimize background noise. Over the last few months, ...