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Sen. Wyden, Colleagues Urge Trump Administration to Raise PPP Non-payroll Forgiveness Cap
May 07, 2020
WASHINGTON, May 7 -- Sen. Ron Wyden, D-Oregon, issued the following news release:

U.S. Sen. Ron Wyden joined a bipartisan group of colleagues to urge the Trump administration to raise the Paycheck Protection Program's (PPP) non-payroll forgiveness cap from 25 percent to 50 percent.

In a letter from Wyden and 18 other senators to U.S. Treasury Secretary Steven Mnuchin and Small Business Administrator Jovita Carranza, the lawmakers noted that PPP loans allow loan proceeds . . .

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