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Retailers Call Additional Funding for Small Business Loans 'Important Step On the Path to Recovery'

The National Retail Federation welcomed House action on legislation to increase funding for loans to small businesses during the coronavirus pandemic.

“There are many small retailers that won’t be in business by the time the economy reopens if these loans dry up,” NRF President and CEO Matthew Shay said. “This funding will let them keep their workers on the payroll and help the economy avoid the ripple effects that will come if additional businesses cease to operate and more people lose their jobs. This is an important step on the path to recovery not just for these businesses but...

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