The Paycheck Protection Program saved jobs across the country and here in New York. But funding is running out as the coronavirus pandemic shows no signs of letting up. 

Todd Feigenbaum is the owner of Feigenbaum's Cleaners - a family business with 22 workers. He says the Payecheck Protection Program kept his workers employed, but a second round is needed.  


What You Need To Know


  • Businesses say they were able to save jobs with the Paycheck Protection Program.

  • But there are calls for another round of funding under the program.

  • Sen. Chuck Schumer says he wants the program extended in the coming weeks.

"Without another round of PPP it would really change the way we do business," he said. "We may not be able to keep all our stores open the same hours, we'd probably have to lay people off, so it's really critical."

And the push has the backing of Senate Minority Leader Chuck Schumer, who was at one of Feigenbaum's locations in Glens Falls on Thursday to call for an extension. 

"If we don't do it, we're going to have thousands of small businesses in the Capital Region go under," Schumer said on Thursday during a stop outside of Feigenbaum's business in the city. "We're going to have millions of small businesses in the country go under. We're going to lose millions of workers."

Schumer remembers what the stresses of owning a small business was like for his own father, who ran an exterminator company. 

"My father would actually pace the floor Sunday nights at 2 a.m. because he didn't want to go to work Monday morning," Schumer said. 

There has been criticism of the program, which initially had confusing rules and some of the money went to large companies. 

"They shouldn't have gotten it," Schumer said. "We said it's only go to go to companies in need. We are now having our oversight board do an audit and we're going to ask those big companies to return it."

The crisis meanwhile has forced businesses like Feigenbaum's to get creative. 

"When customers come in they put their clothes in one of our bags so the virus has a chance to die out before we handle it oursleves," he said. "That protects our customers, that protects our employees."

New jobless numbers shows 1.3 million more Americans filed for unemployment claims in the last week.