Source: United States Senator for Florida Marco Rubio
In the spring of 2020, COVID-19 lockdowns caused 20 million Americans to lose their jobs and set Main Street on a path to total economic collapse. U.S. Senator Marco Rubio’s (R-FL) Paycheck Protection Program (PPP) helped small businesses stay afloat and kept employees on payroll.
Rubio commemorated the three-year anniversary of PPP’s implementation with an op-ed and the video below. Watch it on YouTube.
Flashback … By issuing forgivable loans for small businesses to keep employees on payroll, PPP supported 55 million jobs with an average business size of 20 employees or less.