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Congressional Republicans celebrate SBA collecting COVID loans after pressuring agency

Posted on AllSides January 3rd, 2024
From The Right
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Congressional Republicans are celebrating the Small Business Administration (SBA) collecting on COVID-19 loans after putting pressure on the agency to do so.

Several GOP senators and House members have put the SBA in their sights regarding the pandemic-era loans, with the agency telling lawmakers they are going to collect repayments from defaulted Paycheck Protection Program (PPP) and COVID-19 Economic Injury Disaster Loan (EIDL) loans under $100,000.

Sen. Joni Ernst, R-Iowa, who has been a leading voice on the issue, told Fox News Digital that "2024 is already bringing new opportunities...

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