{"id":1394,"date":"2020-09-22T19:54:56","date_gmt":"2020-09-22T19:54:56","guid":{"rendered":"https:\/\/rosen-testing.senate.gov\/2020\/09\/22\/rosen-recognizes-national-small-business-week-highlights-record-to-protect-nevada-businesses-during-pandemic\/"},"modified":"2022-07-13T20:23:40","modified_gmt":"2022-07-13T20:23:40","slug":"rosen-recognizes-national-small-business-week-highlights-record-to-protect-nevada-businesses-during-pandemic","status":"publish","type":"post","link":"https:\/\/www.rosen.senate.gov\/es\/2020\/09\/22\/rosen-recognizes-national-small-business-week-highlights-record-to-protect-nevada-businesses-during-pandemic\/","title":{"rendered":"Rosen Recognizes National Small Business Week, Highlights Record to Protect Nevada Businesses During Pandemic"},"content":{"rendered":"

WASHINGTON, D.C.<\/span><\/span><\/b> \u2013 Today, U.S. Senator Jacky Rosen (D-NV), a member of the Senate Committee on Small Business & Entrepreneurship, released the following statement recognizing National Small Business Week, observed this year from September 20th<\/sup> through 26th<\/sup>:<\/span><\/span><\/span><\/span><\/p>\n

\u201cIn Nevada, small businesses are the engine that runs our communities,\u201d dijo el Senador Rosen.<\/b> \u201cSmall businesses make up over 99% of all businesses in Nevada, and they employ just over a third of our state\u2019s private workforce. However, our small businesses have hit hard times due to the pandemic, and the impact of this economic crisis has been felt here and across the nation. I have made it my priority to support our small businesses and ensure they have the resources they need to weather this economic storm. I will continue working to lift up Nevada\u2019s small business community, and keep fighting for small business owners, workers, and all Nevadans who need support during this difficult time.\u201d<\/span><\/span><\/span><\/span><\/p>\n

BACKGROUND:<\/span><\/span><\/u><\/b> Nevada is home to more than 250,000 small businesses. Senator Rosen has introduced and co-sponsored numerous bipartisan bills to help small businesses during the COVID-19 pandemic.<\/span><\/span><\/span><\/span><\/p>\n

In September, Senator Rosen co-sponsored the RESTAURANTS Act <\/i>(S. 4012), bipartisan legislation that would create a $120 billion revitalization fund at the U.S. Department of the Treasury to provide grants to restaurants, food stands, food trucks, food carts, caterers, saloons, inns, taverns, bars, lounges, or other similar businesses of 20 employees or less to help with expenses such as payroll, benefits, mortgage, rent, utilities, maintenance, supplies, food, and debt obligations to suppliers.<\/span><\/span><\/span><\/span><\/p>\n

Also in September, Senator Rosen co-sponsored the Save our Stages Act <\/i>o el SOS Act<\/i> (S. 4258), bipartisan legislation that would make U.S. Small Business Administration (SBA) grants available to eligible live venue operators, producers, promoters, or talent representatives to address the economic effects of the COVID-19 pandemic on certain live venues. <\/span><\/span><\/span><\/span><\/p>\n

In July, Senator Rosen introduced the bipartisan Ensuring Increased Disaster Loans (EIDL) for Small Businesses Act<\/span><\/a><\/i> (S.4227) with Senator John Cornyn (R-TX). This legislation would assist the nation\u2019s small businesses impacted by the coronavirus pandemic by providing an additional $180 billion for the Economic Injury Disaster Loan (EIDL) and EIDL Advance programs. The bill would also prohibit the Small Business Administration (SBA) from arbitrarily capping EIDL loans below $2 million \u2013 the threshold set by Congress \u2013 and require SBA to provide $10,000 EIDL Advance grants to all eligible small businesses, regardless of size, as intended by the CARES Act<\/i>.<\/span><\/span><\/span><\/span><\/p>\n

Also in July:<\/span><\/span><\/span><\/span><\/p>\n