Saratoga, NY – Congresswoman Elise Stefanik released the below statement following reports that the Paycheck Protection Program will run out of funds today:

“It is inexcusable that Speaker Pelosi and Senator Schumer blocked critical funding for our small businesses who are facing unprecedented challenges during this pandemic,” said Congresswoman Stefanik. “This critically important program has already helped so many small businesses throughout the North Country, but as the COVID-19 crisis continues, many more small businesses need these funds in order to avoid closing their doors for good. I urge Democratic Leadership to quit playing political games with the livelihoods of so many hardworking families in my district. In the meantime, my office is working closely with local businesses who are in need of the PPP to prepare them for when more funding is made available, so they know exactly how to access it. I encourage any small businesses in the North Country to reach out to my office for assistance.”