Posts tagged PPP loan
Yellow closure affecting 800 Hoosier union truckers
August 21, 2023 // The nearly 100-year-old company was known for its “less-than-truckload” business model, meaning it delivered freight for multiple customers on the same truck. The company was significantly popular, growing to be one of “the Big Three” carriers in the country until trucking was deregulated in 1984. That meant nonunionized carriers could come to market, building competition for the big three.
NORTH SHORE CONNECTOR TURNS TEN ON LINCOLN RADIO JOURNAL
April 26, 2022 // Lowman Henry talks with Max Nelsen of the Freedom Foundation about questions surrounding labor unions receiving Paycheck Protection Program (PPP) loan/grants;
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.
Report: Unions Collected Millions in Federal COVID Relief They Weren’t Eligible for While Cheerleading Lockdowns
March 2, 2022 // And, to top it off, a recent Freedom Foundation report documents how as many as 226 forgivable loans totaling $36.7 million were provided to labor unions and related organizations that were apparently ineligible for the funds.
Labor Unions Took $37 Million Of Ineligible COVID Relief From Government
February 3, 2022 // Hundreds of labor unions that were ineligible for the Paycheck Protection Program (PPP), a $953 billion business loan program through the federal government launched in March 2020, raked in $36.7 million in forgivable loans, according to a new report.
Labor Unions Received $36.7M in PPP Loan Fraud
February 3, 2022 // Labor unions that were deemed ineligible for the Paycheck Protection Program (PPP) received $36.7 million in fraudulent loans, according to the Washington Free Beacon.
California Union Uses Loophole To Pocket COVID Relief Funds, Labor Experts Say
December 28, 2021 // UNITE HERE Local 11's nonprofit affiliate took PPP loans as it hired union staff