Sens. Hoeven, Smith: Rural Electric Cooperatives Eligible for Paycheck Protection Program Under New Treasury Guidance
May 15, 2020
May 15, 2020
WASHINGTON, May 15 -- Sen. John Hoeven, R-North Dakota, issued the following news release:
Senators John Hoeven (R-ND) and Tina Smith (D-MN) released the following statement regarding the U.S. Treasury Department's guidance clarifying that rural electric cooperatives with less than 500 employees are eligible for the Paycheck Protection Program (PPP). Earlier this month, Hoeven and Smith led a bipartisan group of Senators in urging the U.S. Department of the Treasury and U.S. Small B . . .
Senators John Hoeven (R-ND) and Tina Smith (D-MN) released the following statement regarding the U.S. Treasury Department's guidance clarifying that rural electric cooperatives with less than 500 employees are eligible for the Paycheck Protection Program (PPP). Earlier this month, Hoeven and Smith led a bipartisan group of Senators in urging the U.S. Department of the Treasury and U.S. Small B . . .