Posts tagged Blaine Luetkemeyer
SBA OFFICIALS PLEAD IGNORANCE OF UNION RELATED COVID RELIEF FRAUD
October 19, 2022 // SBA’s Office of the Inspector General (OIG) released a report on Sept. 26, the stated objective of which was to “determine whether PPP loans to nonprofit organizations were made in accordance with eligibility requirements.” Since unions were categorically excluded from the program as 501(c)(5) nonprofits, and since the Freedom Foundation filed a formal complaint with the SBA OIG back in February based on its findings, the report would have been an excellent opportunity to address the issue. Unfortunately, the OIG report only analyzed more traditional 501(c)(3) nonprofits that may have been too large to qualify for PPP funds, leaving unions out of the analysis
How did $1.2M in PPP loans get to Pennsylvania unions? Congressional Republicans want to know
April 18, 2022 // The PPP loans were made quickly by the Small Business Administration in the early days of the pandemic to avoid mass layoffs. Yet the speed in which $800 billion of taxpayer money was doled out left the program liable to waste, fraud, and abuse. An NBC News investigation estimated the cost of fraud at $80 billion, or 10% of the overall fund. That’s in addition to a $900 billion COVID-19 relief fund that may have been defrauded of $90 billion-$400 billion.