Rosen Leads Colleagues in Calls to Provide Resources, Millions in Support to Nevada Small Businesses – Jacky Rosen

WASHINGTON, D.C. – Today, U.S. Senator Jacky Rosen (D-NV), a member of the Senate Committee on Small Business and Entrepreneurship, announced she has led a group of six of her Senate colleagues in a letter to Senators Chris Van Hollen (D-MD) and Cindy Hyde-Smith (R-MS), Chairman and Ranking Member of the Senate Appropriations Committee’s Subcommittee on Financial Services and General Government, respectively, requesting access to SBA loans for non-profit child care small businesses, which currently lack access to the same capital programs as for-profit child care providers.

Senator Rosen also led a group of Senate colleagues in a separate letter to Senators Chris Van Hollen (D-MD) and Cindy Hyde-Smith (R-MS), Chairman and Ranking Member of the Senate Appropriations Committee’s Subcommittee on Financial Services and General Government, respectively, requesting access to SBA loans for cannabis small businesses, which are currently barred from receiving such aid.

Lastly, Senator Rosen led a group of Senate colleagues in a letter to Senators Tammy Baldwin (D-WI) and John Hoeven (R-ND), Chair and Ranking Member of the Senate Appropriations Committee’s Subcommittee on Agriculture, Rural Development, Food and Drug Administration, and Related Agencies, respectively, requesting $37 million in funding for the U.S. Department of Agriculture’s Rural Business Development Grant (RBDG) program.

“As you begin drafting the Fiscal Year (FY) Financial Services and General Government and Related Agencies Appropriations Bill, we respectfully request that you include report language to allow non-profit child care providers access to the same Small Business Administration (SBA) loan products as for-profit child care providers,” wrote the Senators in their letter requesting access to SBA loans for child care small businesses. “As we recover from the COVID-19 pandemic, it is important that we make critical investments in our child care infrastructure. By increasing access to additional capital resources through the SBA, this will provide support for

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