IFDA Applauds Passage of PPP Modifications

Mark Allen, President & CEO of the International Foodservice Distributors Association (IFDA), the industry that ensures a safe and efficient supply of food to more than one million restaurants and professional kitchens in the U.S., issued a statement in support of the passage of Paycheck Protection Program enhancements.
 
"The Paycheck Protection Program changes passed by both the House and Senate provide vital relief to the small businesses that have been decimated by the pandemic shutdowns. America’s restaurants are operating under immense economic strain and these modifications will help them and their foodservice distributor partners keep their doors open. We thank the leadership in both chambers for championing this bill and the important structural changes it makes to PPP.

While this is an important step, more needs to be done in order to secure a lasting recovery. Specifically, Congress needs to forgive the use of PPP funds to pay for the food and supplies restaurants need to reopen and sustain their businesses.

We urge Congress to move urgently to enact the next phase of coronavirus response legislation, which is absolutely vital to the foodservice industry."