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.
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