More on Economy
WASHINGTON – U.S. Secretary of Commerce Wilbur Ross announced Wednesday $3 million in CARES Act Recovery Assistance grants from the U.S. Department of Commerce’s Economic Development Administration to three regions of Kansas impacted by the COVID-19 pandemic.
WASHINGTON - The Federal Reserve Bank of Boston on Monday announced that the Main Street Lending Program was now fully operational and prepared to provide credit for small and mid-sized businesses impacted by COVID-19.
SALINA – Today, Congressman Roger Marshall, M.D., received an update from U.S. Secretary of the Treasury Steven Mnuchin on the implementation of the CARES Act and the Paycheck Protection Program (PPP). Secretary Mnuchin indicated that more than $243 billion in loans have already been processed through 4,600 lenders participating, providing vital funds for more than 1 million small businesses. This includes more than $3.7 billion in loans to 19,915 Kansas businesses.
In March, Congress passed the Coronavirus Aid, Relief and Economic Security Act (CARES Act) to deliver much-needed assistance to small businesses and individuals dealing with the impacts of the COVID-19 outbreak.
“Congress took swift and decisive action in sending assistance to business owners and individuals to help them endure the impacts of the COVID-19 outbreak,” said U.S. congressman Roger Marshall, M.D. “We understand that businesses and individuals are hurting and in need of immediate assistance to weather these unprecedented times.”
SALINA, KS – On Thursday, U.S. Congressman Roger Marshall, M.D., helped welcome two truckloads of much needed Personal Protection Equipment to Kansas. These supplies, which include face masks, gloves, and gowns, will be much needed should the COVID-19 infection rate increase in Kansas. This equipment is needed to protect nurses, doctors, respiratory therapists, and other medical staff. These supplies are now available as President Trump has declared a national emergency.