Oregon receives $83.5 million for small businesses from US Treasury

U.S. Rep. Suzanne Bonamici, D-Oregon, said during the press conference that the new funding will "jumpstart" a new wave of entrepreneurship.

"Millennials and people across the country are starting small businesses and record numbers," she said. "It's exciting to hear their stories. Just yesterday, I sat down with the owners of a local small business who told me that the federal assistance they received during this pandemic kept their doors open and kept 58 people employed, and now they're planning to expand and open another location."