Posts tagged PPP loans
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.
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.