Dear Friends,
Programs like the Economic Injury Disaster Loans (EIDL) and the Paycheck Protection Program (PPP) are providing critical relief to families and small businesses struggling during this crisis.
Through Arkansas banks, the PPP has approved over 14,000 loans totaling more than $2.1bn. This is helping Arkansas businesses and nonprofits retain their employees and keep their businesses functioning during the current public health crisis.
The stories I have heard from businesses and bankers across Arkansas speak for themselves. HERE and below are some of those stories
My friend, FNBC Bank President Marty Sellars, in Ash Flat, told me that he’s made $9 million in loans to 80 customers and that he felt that he’s helped save almost a thousand employees in his part of Arkansas.
Arvest Bank tells the story of helping two eye clinics in Northeast Arkansas with three locations, enabling them to keep their staff paid and functioning during the next few weeks of uncertainty.
Simmons Bank in central Arkansas made available nearly $200,000 to the Arkansas Hunger Relief Alliance, which will allow Arkansas’s largest and only statewide anti-hunger organization to keep all 17 of their staff on payroll and continue to serve Arkansas families during this critical time where we have to have our hunger relief efforts at top speed.
Without EIDL and PPP loans millions of Americans would be out of work, which is why it’s unacceptable that these successful and bipartisan programs have run out of money. I urge Minority Leader Senator Chuck Schumer and House Speaker Nancy Pelosi to put country over party and agree that we need another $250 billion for the SBA and protect millions more paychecks.
This morning, I joined Pat Walker on FOX16 News's “Good Day” to answer your questions about the PPP and other provisions included in the CARES Act such as the direct Economic Impact Payments that the IRS began sending out this week and help for student loan payments.
To watch click HERE or on the image below.
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DIRECT PAYMENTS TO AMERICANS
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Relief Headed to You Soon
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Yesterday, nearly 80 million Americans received their Economic Impact Payment established by Congress in the CARES Act.
If you have any questions regarding your eligibility, check the Internal Revenue Service's (IRS) Information Center HERE.
Learn more about Economic Impact Payments HERE or on the image below.
Thanking Our Arkansas National Guard
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I am so proud of Hunter Sadler of my team who is currently deployed with the Arkansas National Guard. He was called to active duty by Governor Asa Hutchinson to do his part in combatting the spread of COVID-19. My gratitude to Hunter and all of the women and men in uniform selflessly serving during this unprecedented public health crisis.
| assistance for Veterans During COVID-19 |
Wounded Warrior Project Donating to Our Heroes
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I commend the Wounded Warrior Project for its generous donation of $10 million to assist veterans who have been impacted by the current public health and economic crisis. Their action demonstrates their dedication to the heroes they serve.
To read the full story, click HERE or on the image below.
| Preparing America for the future |
Diversifying America's Medical Supply Chain is a Matter of National Security |
My op-ed in The Washington Times addresses the importance of my proposed Securing America’s Vaccines for Emergencies (SAVE) Act bill, which would amend the Defense Production Act (DPA) to reduce America’s dependence on foreign nations like China for medical equipment and pharmaceuticals. The SAVE Act is essential to America’s national security and preparedness for future public health emergencies.
To read my entire op-ed click HERE or on the image below.
As always, if my team or I can be of service to you, please contact me at (501) 324-5941 or reach me at hill.house.gov.
It is an honor to serve as your Congressman.
Sincerely,
Representative French Hill
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