Congressman Scott Introduces Legislation Expanding Paycheck Protection Program Use for Small Business Technology
Today, Congressman David Scott (GA-13) announced that he has introduced H.R. 8620, legislation allowing small business owners to make needed technology improvements under the Paycheck Protection Program (PPP). The addition of software and cloud computing upgrades to the eligible uses of PPP funds will allow small businesses to transition to curbside delivery, online ordering, and contactless payments—helping them keep their doors open and serve their customers safely during the COVID-19 public health crisis.
The Paycheck Protection Program (PPP), established under the federal CARES Act, was implemented with the goal of providing small businesses with resources needed to maintain their payroll, pay for necessary expenses, and retain jobs. To date, more than 174,000 small businesses in Georgia have received over $14 billion in PPP loans.