Following Hurricane Milton’s catastrophic landfall, Governor Ron DeSantis has requested an Expedited Major Disaster Declaration to support Florida's response and recovery efforts. U.S. Senator Marco Rubio (R-FL), U.S. Representative Vern Buchanan (R-FL), and members...
Following Hurricane Milton’s catastrophic landfall in Florida, U.S. Senator Marco Rubio (R-FL) joined the U.S. Coast Guard to survey impacted areas across the State. Photos are courtesy of Senator Rubio’s office. Senator Rubio joins the U.S. Coast Guard for a flyover...
U.S. Senator Marco Rubio’s (R-FL) office will host in-person Mobile Office Hours next week to assist constituents with federal casework issues in their respective local communities. These office hours offer constituents who do not live close to one of Senator Rubio’s...
Major Hurricane Milton is expected to make landfall in Florida, bringing with it devastating storm surge, winds, and inland flooding. The Seminole Tribe of Florida should have access to the federal resources required for emergency response and recovery preparations on...
Major Hurricane Milton is forecasted to potentially hinder or obstruct the Port of Tampa Bay, which receives more than 40 percent of Florida’s petroleum products. It’s crucial for the federal government to expedite all requested measures to protect Florida’s economy...
Major Hurricane Milton is forecasted to impact Florida with devastating storm surge, winds, and inland flooding. After just being hit by Hurricane Helene, it’s crucial for the State of Florida to have the support of the federal government. U.S. Senators Marco Rubio...
Washington, D.C. — U.S. Senator Marco Rubio (R-FL), Chairman of the Senate Committee on Small Business and Entrepreneurship, issued the following statement after the U.S. Small Business Administration (SBA) and U.S. Department of the Treasury provided additional guidance related to loan forgiveness reductions if Paycheck Protection Program (PPP) borrowers are unable to successfully rehire their workers. Last month, Rubio called for clarity from the administration on the re-hire exemption.
“It is a welcome relief to numerous PPP borrowers that they will not be penalized if they cannot rehire their workers after making a documented good faith effort,” said Chairman Rubio. “This is a step in the right direction and must be followed up with comprehensive loan forgiveness guidance in order to ensure business owners not only have the rules of the road when applying for forgiveness, but are not penalized for good faith decisions made absent this guidance earlier in the process.”
Question 40 in the frequently asked questions (FAQ) document states that if PPP borrowers are unable to successfully rehire their workers, they will be exempt from certain reductions to their loan forgiveness. It also notes employees may be ineligible to continue to receive unemployment benefits if their employer has received PPP funds for their salary or wages. The agencies stated an interim final rule on the subject is forthcoming.
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