Rep. Barry Moore defends Alabama small businesses harmed by COVID restrictions
Washington, D.C. — Rep. Barry Moore (AL-02) delivered a letter to the Small Business Administrator Guzman to bring attention to challenges associated with the Small Business Administration’s COVID-19 Economic Injury Disaster Loans (EIDL) and requested an update on efforts to improve and streamline the program.
“Over the last several months, my office has received a variety of inquiries and requests from small business owners about help through the EIDL program,” Rep. Moore wrote. “Applicants have experienced delays in their application approvals and in increases to their initially approved amounts. More specifically, my office has received frustrating reports from applicants who submitted the requested documentation and received initial approval for EIDL increases only to then receive a denial of their application. These applicants then appealed the decision, submitted the same documentation again, and then received approval. This process is absolutely confounding.”
The letter continues, “While these constituents have received communications from the Small Business Administration about efforts to streamline the process and reduce delays, applicants appear to still be dealing with the same challenges. I am sure you will agree that this lack of progress does little to assist our struggling small businesses and ultimately stands in the way of their success. As such, I would like to request an update on your current strategy to improve and streamline this burdensome process.”
The full letter is available here.
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