Groups call on Congress to treat rural, urban businesses equally
May 14, 2020
CENTER FOR RURAL AFFAIRS
As lawmakers consider legislation to address the economic fallout of the coronavirus pandemic, a group of 64 small business lenders across 32 states are calling on Congress to treat rural and urban businesses equally when it comes to providing relief.
While the recently-passed Coronavirus Aid, Relief and Economic Security Act created a program that provides immediate relief to small businesses with loans from the Small Business Administration, there was no such provision for those who have loans from the U.S. Department of Agriculture under the Rural Microentrepren...