Ranking Member Chabot’s Statement on May 2020 Jobs Report

WASHINGTON – Today, House Committee on Small Business Ranking Member Steve Chabot (R-OH) issued the following statement on the jobs report for May 2020. “Today’s jobs report provided welcome news: employers added 2.5 million jobs in May, despite the immense economic impact of coronavirus-related shutdowns. Small businesses have been hit hard over the past few months. They’ve been forced to lay off workers and limit or temporarily cease operations. Lower cash reserves have forced owners to make tough decisions. While they have faced challenges, ... [...]

Ranking Member Chabot Praises Senate Passage of PPP Flexibility Act

WASHINGTON — Today, the House Committee on Small Business Ranking Member Steve Chabot (R-OH) issued the following statement praising the Senate passage of the Paycheck Protection Program Flexibility Act. “I am pleased that the Senate quickly passed the Paycheck Protection Program Flexibility Act. Across the country, some businesses have started reopening while others remain closed under local or state guidelines or are forced to remain under a certain operating capacity. This bill gives small business owners flexibility to use their loan in a w... [...]

Ranking Member Chabot Floor Speech in Support of the Paycheck Protection Program Flexibility Act

WASHINGTON – Today, the House Committee on Small Business Ranking Member Steve Chabot (R-OH) spoke on the House floor in support of the Paycheck Protection Program Flexibility Act. Remarks as prepared for delivery: Mister/Madam Speaker, I yield myself such time as I may consume. I rise in support of H.R. 7010, the “Paycheck Protection Program Flexibility Act,” as amended. Before I speak on our first bill, I would again like to thank Chairwoman Velázquez for conducting this process in such a bipartisan manner. It is more important than ever to m... [...]

SBDCs Discuss Helping Small Businesses Navigate COVID-19 Challenges

WASHINGTON – Today, the House Committee on Small Business heard from a panel of experts on the role of Small Business Development Centers (SBDCs) in the response to COVID-19. Subcommittee on Contracting and Infrastructure Ranking Member Pete Stauber (R-MN) led the conversation for Committee Republicans. SBDCs provide training, mentoring, and business development services to small businesses across the country and offer a variety of resources for businesses affected by COVID-19. Panelists reported a surge in requests for assistance with response... [...]

Ranking Member Chabot Urges Planned Parenthood Affiliates to Return Small Business Loans

WASHINGTON – Today, House Committee on Small Business Ranking Member Steve Chabot (R-OH) issued the following statement on reports that Planned Parenthood affiliates improperly applied for and received Small Business Administration (SBA) Paycheck Protection Program loans. “Planned Parenthood and its affiliates are clearly ineligible for Paycheck Protection Program loans. I am deeply concerned by recent reports that indicate affiliates applied for these loans anyway. With around 16,000 employees at affiliates across the nation, Planned Parenthoo... [...]