Small Business

Our small businesses are the heart and economic engine of the Second District’s thriving economies. As a member of the House Small Business Committee, I’m working hard in Congress to make sure we support the small businesses that create critical economic growth. We need to work together with local business owners so that every local entrepreneur has the resources they need to be successful, including an infrastructure package that funds high-speed internet and expands career and technical education programs to ensure young people have the skills they need to enter the workforce.

More on Small Business

July 29, 2021 Press Release

WASHINGTON, DC – Today, U.S. Representative Craig (D-MN) helped pass annual funding legislation that includes several key priorities designed to support constituents in Minnesota’s Second Congressional District. The package, which includes seven appropriations bills for federal agencies across government, will direct funds toward a number of Craig’s requested priorities for working Minnesotans, including infrastructure spending, mental health care programs and economic recovery efforts. 

June 16, 2021 Press Release

WASHINGTON, DC – Today, U.S. Representatives Angie Craig (D-MN), Roger Williams (R-TX), Chrissy Houlahan (D-PA), and Dean Phillips (D-MN) led more than 200 of their House colleagues in a bipartisan letter to Administrator Isabel Guzman of the Small Business Administration urging immediate action to stabilize and improve the Shuttered Venue Operators Grant (SVOG) program, which provides emergency assistance grants to venues that were unable to operate during the COVID-19 pandemic. 

June 16, 2021 Press Release

WASHINGTON, DC – Today, U.S. Representative Angie Craig cosponsored H.R.3807, the Restaurant Revitalization Fund Replenishment Act, which would provide $60 billion to replenish the Restaurant Revitalization Fund (RRF) – a program designed to support local bars, restaurants and eateries that were impacted by COVID-19.

May 27, 2021 Press Release

WASHINGTON, DC – Today, U.S. Representatives Angie Craig (D-MN), Earl Blumenauer (D-OR), Brian Fitzpatrick (R-PA) and Nicole Malliotakis (R-NY) led 100 of their colleagues in a bipartisan letter to House leadership pushing for replenishment of the Restaurant Revitalization Fund (RRF) program to meet current demand.

May 26, 2021 Press Release

WASHINGTON, DC — Today, in a House Small Business Committee hearing, U.S. Representative Angie Craig questioned Isabel Guzman, Administrator of the U.S. Small Business Administration (SBA) on the status of the Restaurant Revitalization Fund (RRF) – a grant program designed to support local bars and restaurants that Craig successfully included in the American Rescue Plan earlier this year. 

April 20, 2021 Press Release

WASHINGTON, DC – U.S. Representatives Angie Craig (D-MN) and Troy Balderson (R-OH) introduced the PPP Second Draw Fairness Act to establish a more flexible set of eligibility parameters around the second draw of Paycheck Protection Program funds. This bipartisan legislation would ensure that the hardest hit small businesses are able to access a second round of PPP payments by measuring a reduction in revenue over any consecutive 90-day period in 2020, rather than examinations structured strictly on quarterly profits. 

April 16, 2021 Press Release

WASHINGTON, DC — Today, the U.S. House of Representatives passed a bipartisan bill introduced by U.S. Representatives Angie Craig (D-MN), Steve Chabot (R-OH), Sharice Davids (D-KS) and Young Kim (R-CA) to improve the Small Business Administration’s (SBA) 504 Loan Program. Among other provisions, the 504 Modernization and Small Manufacturer Enhancement Act would increase maximum loan amounts, streamline the loan process and provide additional support to manufacturers who apply for the loan from local SBA offices.

March 31, 2021 Press Release

WASHINGTON, DC – Today, U.S. Representative Angie Craig led a letter pressing Small Business Administration Administrator Isabel Guzman on staffing concerns at the agency and Guzman’s plans to effectively prepare the SBA to implement the programs included in the recently-enacted American Rescue Plan Act. The letter emphasizes the need to assess the SBA’s hiring practices and customer service systems in order to deliver on the promises made to small businesses in Minnesota and across the country.

March 10, 2021 Press Release

WASHINGTON, DC – Today, U.S. Representative Angie Craig voted to pass the American Rescue Plan Act of 2021, a wide-ranging economic relief package designed to provide financial support to struggling Americans, deliver assistance to small businesses as well as local governments and contain the COVID-19 virus by distributing billions of dollars to support vaccine distribution and testing. 

March 3, 2021 Press Release

WASHINGTON, DC — Today, U.S. Representative Angie Craig reintroduced her bipartisan legislation to improve the Small Business Administration’s 504 Loan Program. This legislation, the 504 Modernization and Small Manufacturer Enhancement Act, was introduced with Representatives Steve Chabot (R-OH), Sharice Davids (D-KS) and Young Kim (R-CA) to improve the loan guaranty program and enhance the ability of small manufacturers to access affordable capital.