Gillibrand introduces legislation to help small businesses through pandemic

WNYT Staff
Created: October 19, 2020 07:41 PM

As small businesses across the Capital Region continue to struggle, a new loan program is being proposed to help them survive.

U.S. Senator Kirsten Gillibrand is calling for legislation to create a new loan program to help them survive.

She was in Hudson Monday introducing the "Reviving the Economy Sustainably towards a Recovery in 2020 Act" - or "RESTART" act for short.

Gillibrand says the new program funds six months of employer and operating expenses for businesses.

She says while the PPP was intended to help small and mid-sized businesses, many have slipped through the cracks and are struggling to stay in business.

Gillibrand is among a group of more than 30 senators to co-sponsor the act.

Hear Gillibrand talk a bit more about how the act will help by watching the video.

Copyright 2020 - WNYT-TV, LLC A Hubbard Broadcasting Company

Comment on Facebook