The Society of American Florists and several other floral industry organizations have rallied their members to ask Congress for additional funding in the Paycheck Protection Program (PPP), the forgivable loan initiative launched by the Small Business Administration in early April that in less than two weeks had exhausted its lending capabilities.
“Until Congress provides additional funding, this loan program is unavailable to small businesses — like those in the floral industry — that need it most,” said Kate Penn, chief executive officer of the Society of American Florists.
As a member of the Small Business Legislative Council, SAF and 47 other associations representing dozens of industries had sent a letter to the House and Senate Leadership urging them to authorize additional funding. “That effort was a start, but it’s critical that Congress hear directly from constituents about the challenges they’re facing and the urgent need to provide more funding,” Penn said, explaining the importance of the floral industry collaboration.
Read more at the Society of American Florists (Katie Butler)
