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Sen. Thom Tillis brings PPP tour to the mountains, discusses current USPS issues

Sen. Thom Tillis brings PPP tour to the mountains
The senator and Dr. Jennifer Slechter discussed how the Paycheck Protection Program is keeping her small business going during the pandemic. (Photo credit: WLOS Staff)

Senator Thom Tillis took his statewide PPP Tour to the mountains on Wednesday.

One of the businesses Tillis visited on Aug. 26 was WNC Chiropractic Clinic on Hendersonville Road.

The senator and Dr. Jennifer Slechter discussed how the Paycheck Protection Program is keeping her small business going during the pandemic.

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Senator Tillis said the PPP needs to be expanded and another round of stimulus money could be coming soon. He said he supports a proposal adding another $160 billion to the program.

"Streamline it for businesses like this that have applied for the loan," Senator Tillis explained. "We want to make it easy to process the forgiveness of the loan, any loan under $150,000."

Tillis said that would free up more than 80% of the loans. He added this proposal is on the fast track and could be on the Senate floor as soon as this weekend.

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The senator also talked about helping the U.S. Postal Service during his visit.

On Aug. 22, the House of Representatives passed a bill to provide $25 billion to the postal service and prohibit any operational changes.

Tillis said he agrees that the post office does need financial help. He said the Senate is working on a measure that will expand on the House bill.

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"We'll take that provision for the postal service and add to it all the things that we talked about, for education, for vaccines, for healthcare and for businesses who may need to file for a follow up to the Paycheck Protection Program," the senator said.

Tillis said the postal service needs at least $10 billion to recover from what it's lost during the pandemic and to prepare for the influx of absentee ballots.

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