Press Releases

For press inquiries, contact Sarah Crozier at sarah@mainstreetalliance.org.

Senate Passes PPP Fixes - must become law, but need longer term program

Small businesses need all these adjustments, but there are still multiple gaps, including data collection and money for PPE

On the passage of the PPP Flexibility Act in the Senate last night, Executive Director of the Main Street Alliance Amanda Ballantyne has this to say:

“The Paycheck Protection Flexibility Act is a first step in addressing the design flaws of the PPP and must immediately go to the President’s desk to become law, however, additional support is necessary to address the ongoing crisis millions of small business owners are still facing.

As protests continue across the nation, we cannot ignore that the PPP is another government program that has continued to expand racial wealth inequality with new data showing that Latinx and Black small businesses have closed at 1.5 times and double the rate respectively, compared to overall small businesses. The PPP fixes are necessary, but still fail to address the continued crisis of access to funding for these small businesses. 

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Main Street Alliance stands in Solidarity with the Black Community of Minneapolis

Main Street Alliance condemns the murder of George Floyd at the hands of four Minneapolis Police Department officers. We stand in solidarity with those demanding justice for Mr. Floyd, his family, and for all who have suffered discrimination, targeting, injury and death because of white supremacy and police brutality. 

As our nation mourns the loss of yet another Black life, we call on white people everywhere, particularly our small business owners who hold social and economic capital in their communities, to wake up, speak up, and stand up to the hate and bigotry that has been excused by many, encouraged by some, or even celebrated by the dangerous right wing – all the way up to the President, Donald Trump. As we stand in the midst of a pandemic that is disproportionately claiming Black lives, we must reckon with how deep our structural and institutionalized racism runs. Our public policies must change. 

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PPP changes pass House as small businesses hit first loan deadlines

Small businesses need all these adjustments, but there are still multiple gaps, including data collection

On the passage of the Paycheck Protection Flexibility Act in House today, Executive Director of the Main Street Alliance Amanda Ballantyne has this to say:

“The Paycheck Protection Flexibility Act is a first step in addressing the design flaws of the PPP, however additional improvements are necessary to address the ongoing crisis millions of small business owners are still facing. New data shows that Latinx and Black small businesses have closed at 1.5 times and double the rate respectively, compared to overall small businesses, and these changes still fail to address the continued crisis of access to funding for these small businesses. 

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$10 Billion Set Aside for CDFIs to Target Micro and Minority Owned Small Businesses

On the announcement that $10 Billion of PPP Loan dollars will be set aside for CDFIs today, Executive Director of the Main Street Alliance, Amanda Ballantyne had this to say:

“We applaud the Treasury Department for delineating specific dollars for Community Development Financial Institutions, as separate from small banks in the PPP program. CDFIs are important financial institutions for many of our nation’s smallest businesses, and many target small businesses that have been left behind by the program such as minority-owned, women-owned, veteran and disability-owned businesses.

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Representative Jayapal on why the Paycheck Recovery Act works both for workers and Small businesses

Speaking directly with Main Street Alliance small business members last Thursday, Representative Jayapal laid out both what already exists in relief packages for small businesses as well as what she and her progressive caucus colleagues are pushing for to include in upcoming packages.

From challenges accessing PPP loans to adapting to a pandemic resilience business strategy, Rep. Jayapal went into details of her recently introduced Paycheck Receovery Act, what it would mean for small businesses, and why it's key to addressing the scope and scale of the crisis.

Watch the full remarks.

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Multiple Senate Bills Introduced to Support Small Business, but need to move faster

We will need all these fixes and other programs to fill gaps to support the economy

On the introduction of the Paycheck Security Act and many bipartisan Paycheck Protection Program fixes yesterday, Executive Director of the Main Street Alliance Amanda Ballantyne had this to say:

“It is frustrating to see the delay on critical and necessary changes to the flawed Paycheck Protection Program (PPP) that will make the program more functional for small business owners who have received PPP loans. With many bills introduced yesterday working to fix different areas of the program, offices and committees must work together to provide relief from all angles. 

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Small Biz Oppose Corporate Immunity Push

Main Street Alliance sent a letter to Congressional leaders last week warning them of the danger to small businesses by pushing forward corporate immunity, a long time goal of large corporations looking to undo decades of worker and consumer protections.

Download a PDF of the Full Letter:

Dear Leader McConnell, Leader Schumer, Speaker Pelosi, and Leader McCarthy:

Main Street Alliance is a national network of 30,000 small business owners. We are writing to express our deep opposition to the creation of corporate immunity for irresponsible businesses that expose customers and workers to coronavirus. Corporate immunity is unnecessary to protect small business owners, as state law already protects responsible business owners who act reasonably. Moreover, creating this type of blanket immunity from lawsuits by injured workers or consumers would give bad actors a competitive edge at the cost of people’s lives, adding to the harm that responsible Main Street businesses are already suffering. This would create a race-to-the-bottom dynamic that creates unfair competition for businesses concerned about reopening before it is safe to do so.

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HEROES Act Important, but short term solution

On the passage of the HEROES Act in the House today - Executive Director of the Main Street Alliance Amanda Ballantyne had this to say:

“It was important for the House to pass the HEROES Act, which included immediate and necessary fixes to the Paycheck Protection Program, an expanded payroll subsidy program through the Employee Retention Tax Credit and other needed provisions.

However, these are short term solutions to a long term crisis that is roiling our economy, endangering small businesses and throwing millions of people’s lives into financial chaos. To preserve our small business economy, we need legislation that creates lasting certainty for small business owners. We must look to a set of programs that work together to mitigate mass unemployment and stabilize small businesses.  Proposals like the Paycheck Guarantee Act, Saving Our Streets Act, and work-sharing expansions need to be worked into this next relief package.  Small business owners also need critical financial support in the form of grants, not loans, for retrofitting for safety in this ongoing pandemic.”


Read more on where the HEROES Act can be improved, and how the Senate should bolster these important fixes.

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ICYMI - Quotes on Pandemic Resilience and Reopening from Small Biz

Certain foundations and safeguards must be place, a liability shield is not one of them

In a virtual press call yesterday, small businesses from across the country shared what they need to have in place to even think about the next phase of reopening. From a public health plan that includes adequate testing, to industry specific safety standards, to the child care and paid leave infrastructure to support their employees, small businesses are being forced to consider reopening sooner than is safe because their government leaders have quit the fight.

The job of Main Street now is to adapt, but small businesses can’t go it alone. They need government to do the job of fighting the pandemic while sheltering Main Street and protecting businesses in our hardest-hit communities. 

Though many governors and local officials have acted to slow transmission, our elected leaders -- starting at the federal level -- have not established an infrastructure for pandemic resilience. Our abysmal testing levels are just one example.

"Many of these plans are being laid out under the false choice of rescuing the economy and saving peoples lives," said Amanda Ballantyne, Executive Director of the Main Street Alliance during the call.

To phase in operations, we need a fully-funded and coordinated strategy guided by evidence-based thresholds at all levels of government. Businesses should not be asked to put ourselves, our workers and customers at risk until these common sense measures are met. 

See the full set of Main Street's Recommendations for Pandemic Resilience.

Watch the full press call.

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Small Biz on HEROES Act - PPP Fixes necessary but job not done

Big strides to fix PPP, more support needed for long term 

On the release of the Congressional House Democrat's Health and Economic Recovery Omnibus Emergency Stimulus Act (HEROES Act) today, Executive Director of the Main Street Alliance, Amanda Ballantyne had this to say:

"We applaud Congressional House Democrats for their leadership as the COVID-19 crisis continues to wreak havoc on our public health and economy. The HEROES Act takes strides to fix problems in previous federal response legislation. While this bill expands critical payroll support through the Employee Retention Tax Credit (ERTC), this program -- as with much of the small business relief we’ve seen -- does not go far enough.

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