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April 8, 2020

AGA pushes for direct financial assistance for practices

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The Small Business Administration (SBA) recently rolled out the Paycheck Protection Program (PPP), a program that offers expanded loans to help small businesses that have been impacted by the COVID-19 pandemic. Given the enormity of the program and the immense interest and need, the unveiling was not smooth and required intervention from the Department of Treasury to further implement.

Increased direct financial assistance for practices is one of AGA’s top priorities.

The PPP has been overwhelmed by the necessity of the funds by small businesses, including physician practices, across the country and Congress is now moving forward with adding a supplemental $250 billion to the PPP to ensure that small businesses have the funding they need.

AGA continues to advocate for direct financial assistance to practices similar to what has been included for hospitals.

Increased financial assistance for practices remains one of AGA’s top policy priorities. For more information, visit the AGA COVID-19 updates page and join the discussion in the AGA Community.

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