American Business Leaders Support The Keeping Workers Paid and Employed Act – a $300 billion Economic Relief Plan for Small Businesses

Business Leaders to Collins and Rubio: “We, the undersigned business leaders applaud your efforts to support small businesses during this crisis”

Click HERE to read the letter

 

Washington, D.C. — American Business leaders are expressing their support for the Keeping Workers Paid and Employed Act, a sweeping $300 billion emergency economic relief plan that would provide 100 percent federally guaranteed emergency loans to businesses that are experiencing a sharp drop in revenue due to COVID-19.  This legislation, authored by Senators Susan Collins (R-ME) and Marco Rubio (R-FL) would help prevent Americans from losing their jobs and keep small business from going under as a consequence of the coronavirus pandemic.

 

“We, the undersigned business leaders applaud your efforts to support small businesses during this crisis,” wrote the group of American business leaders.  “Small business employers are job creators. Small business employers want to keep their employees on salary during the crisis. A small business emergency loan program that includes forgiveness for an appropriate percentage of payroll for any small business that keeps their employees on salary will allow small businesses to keep America employed, “We thank you for your leadership, and hope both Republicans and Democrats can come together to support The Keeping Workers Paid and Employed Act.”

 

Click HERE to read the letter.

 

The letter was signed by the following American business leaders:

 

1.      Job Creators Network

2.      American Association of Orthodontists

3.      American Hotel Lodging Association

4.      American Society of Appraisers

5.      American Society of Travel Advisors

6.      Angel Capital Association

7.      Asian American Hotel Owners Association

8.      Associated Builders and Contractors National

9.      Blue Roof Franchise Association (IHOP)

10.  Coalition of Franchise Associations

11.  Denny’s Franchise Association

12.  Dunkin Donuts Independent Franchise Owners

13.  FreedomWorks

14.  Global Business Travel Association

15.  Gusto

16.  Independent Electrical Contractors

17.  International Foodservice Distributors Association

18.  International Franchise Association

19.  NAIOP | Commercial Real Estate Development Association

20.  National Association of Landscape Professionals

21.  National Association of REALTORS

22.  National Ready Mixed Concrete Association

23.  National Retail Federation

24.  National Stone, Sand & Gravel Association

25.  The Payroll Group

26.  The Real Estate Roundtable

27.  Tree Care Industry

28.  U.S. Travel Association