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Organized Dentistry Coalition Supports Bill To Increase Paycheck Protection Program Flexibility

SBA Issues PPP Loan Forgiveness Guidance, A Few New Rules: What ...
The ADA News (6/3, Garvin) reports, “The Organized Dentistry Coalition is supporting a new bill calling for additional flexibility for loan forgiveness provisions in the Small Business Administration’s Paycheck Protection Program.” In a June 1 letter, the dental organizations thanked Sen. Martha McSally (R-AZ) for introducing S 3716, the Main Street Enhancement and Safety Act, which “would allow loans provided under the Paycheck Protection Program to be used for personal protective equipment and other costs related to health and safety supplies and still be eligible for forgiveness.” The coalition wrote, “By providing flexibility in how [Paycheck Protection Program] loan proceeds are utilized, your legislation will help dentists to mitigate the increased costs of [personal protective equipment] that will be required to safely return to providing care to patients while also protecting themselves and employees.”

For the latest news on the ADA’s COVID-19 advocacy efforts, visit ADA.org/COVID19Advocacy.

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