WASHINGTON — Today, President Joseph R. Biden signed H.R. 1799, the PPP Extension Act of 2021, making Rep. Bourdeaux the first new member of the 117th Congress to pass a bill into law.
Currently, the Paycheck Protection Program is set to expire tomorrow. The bipartisan Paycheck Protection Program Extension Act would push that deadline back by two months and provide an additional 30 days for the U.S. Small Business Administration to process loans submitted prior to the new May 31 deadline.
“I thank President Biden for signing my bipartisan PPP Extension Act into law today,” said Congresswoman Bourdeaux. “Small businesses are hurting. It’s not a Democratic problem or a Republican problem, it’s an American problem.
“Small businesses in my district reached out to my office asking for help, and we were determined to find a solution to their problems. This legislation will extend the deadline of the program, allowing more of our small businesses the opportunity to access critically-needed funds to keep their employees on the payroll. It also creates a one month processing period to allow the Small Business Administration time to process submitted applications.
“When I ran for office, I promised to work with people of good faith on both sides of the aisle to get things done for Georgians. The PPP Extension Act is a reflection of that promise, and I thank all my partners in both chambers and on both sides of the aisle who worked with me to support America’s struggling small businesses.”
The PPP Extension Act of 2021 was introduced in the House by Congresswoman Carolyn Bourdeaux, House Committee on Small Business Chairwoman Nydia M. Velázquez (NY-07), House Committee on Small Business Ranking Member Blaine Luetkemeyer (MO-03), and Congresswoman Young Kim (CA-39). The companion Senate measure was introduced by Committee on Small Business and Entrepreneurship Chairman Ben Cardin (D-MD), Senator Susan Collins (R-ME), and Senator Jeanne Shaheen (D-NH).
Rep. Carolyn Bourdeaux lives with her family in Suwanee, Georgia and represents Georgia’s 7th Congressional District in the 117th Congress. Carolyn is a strong advocate for affordable health care, an economic recovery that puts workers and small businesses first, and investing in her district’s world-class public education system and transportation infrastructure.
Georgia’s fast-changing 7th Congressional District includes portions of the northeast Atlanta metropolitan area, including portions of Forsyth and Gwinnett counties and cities Peachtree Corners, Berkeley Lake, Sugar Hill, Norcross, Cumming, Lawrenceville, Duluth, Snellville, Lilburn, Suwanee, Grayson, and Buford.