Friday June 12th, 2020

Cortez Masto Discusses Support for Latino Small Businesses Across Nevada

Washington, D.C. – U.S. Senator Catherine Cortez Masto (D-Nev.) spoke to members of the Latin Chamber of Commerce yesterday to highlight her efforts on behalf of Latino business owners across Nevada and highlighted a webinar she hosted today providing resources to minority owned small businesses to help them navigate their way through the coronavirus pandemic. The Senator hosted her Spanish-language Small Business Webinar with Small Business Administration Deputy District Director Saul Ramos and Chicanos Por la Causa Business Development Officer Edward Vento.

“Nevada’s minority-owned small businesses are the bedrock of our communities, and they have shown incredible strength and resilience during this uncertain time. It’s crucial that business owners and workers in the Silver state continue to have access to federal resources – from Small Business Administration Loans to job training programs – they need to recover and thrive. I was proud to join Latino business leaders from across Nevada this week for a productive discussion on how I can continue to fight for them in the Senate. I encourage any struggling small business owners in the state of Nevada to reach out to my office and see what resources are out there.”

BACKGROUND:

Senator Cortez Masto is a strong supporter of Nevada’s small businesses, especially the minority-owned businesses that are the cornerstones of many Nevada communities. The Senator voted in support of the CARES Act and supported $60 billion in additional funding to help minority-owned businesses access Paycheck Protection Program (PPP) loans. She has also pushed for more oversight to ensure minority-owned businesses have equal access to PPP loans and that the funds are going to businesses in need. Senator Cortez Masto also helped pass the Paycheck Protection Program Flexibility Act to give small businesses more say in how they spend PPP funds and repay loans. In addition, the Senator worked with the entire Nevada delegation to ensure that Nevada’s small gaming businesses qualify for support from the Small Businesses Administration (SBA).

As Nevada reopens its economy and navigates this economic downturn, the Senator is working to pass the WORKER Act, which will support workers looking to retrain for in-demand industries through expanded apprenticeship programs, including for underrepresented populations, young people, and veterans.

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