An open letter to the U.S. Congress

Fund PPP for SMALL businesses NOT publicly traded corporations.

18 so far! Let’s get to 25 signers!

I am a small business owner in Philadelphia, PA. My company, and many other truly SMALL businesses have been unable to successfully access payroll protection funds due to the preferential treatment provided to big banks and big "small" businesses. Today I learned that Ruth Hospitality Group accessed 20 MILLION in payroll protection loan funds through JP Morgan Chase. Ruth Hospitality Group is in no way a small business. It's a publicly traded company with over 5,000 employees and $468 million in annual revenue. But thanks to a loophole in the law, Ruth Hospitality Group was able to access these funds because they had fewer than 500 employees at a single location. The Payroll Protection Program was designed for small businesses, Main Street businesses, businesses built by hardworking individuals looking to make their communities better--not for publicly traded corporations. I DEMAND you adequately fund the Payroll Protection Program and get those funds to the truly SMALL businesses who need and deserve them.

First sent on April 17, 2020 by Mary Alice Duff

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