PPP funds still trickle to banned businesses

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More than 600 loans totaling over $96,000,000 went to companies that were excluded from doing business with the US government.

against the company to pay cleanup costs. After the EPA violations, HPI Products Inc. was debarred — meaning it cannot seek federal contracts or financial assistance from the federal government — on Jan. 1, 2010.

NBC News, which obtained the loan data under the Freedom of Information Act after a federal court ruling, was able to identify at least 60 debarred businesses worth $32.4 million that were approved for PPP loans. NBC News was among a dozen news organizations that together sued the SBA for release of the information under FOIA. House staffers were able to find more companies because they were given additional identifying information not provided by the SBA to news organizations.

The agency can consider federal criminal or civil prosecution for misrepresentations on government loan application forms like not disclosing being debarred. But Justice Department records show no such cases yet, and the SBA was unable to point to any actions that have cited debarment as a reason for legal action.

 

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KimS_Author ... mob machinations ...

RuthBuddy1 😡🤬😡🤬😡🤬

The GOP GOP at work, everyone. Typical gross corruption. I bet if you could REALLY trace that money youd find it goes allllllll the way back to Republican politicians. They love to grease the wheels in their favor. Just blatant narcissistic sociopathic selfishness FascistGOP

It has been 'slight of hand' since the beginning. Watch this hand while the other robs you blind....

Yet we can’t give extra help for those still unemployed, nor provide basic healthcare for our citizens!

secupp JoeBiden In contrast to Trump, making it transparent to the American public that PPP loans under HIS Admin are actually going to small businesses and not the giants like the Kushner-related businesses, is one of the most trust building acts President Biden could perform.

Fake news

Nice!

And yet $2000 for you is $600 too much

Shocking

Some doesn't look real to me

🙄🙄 waiting for all the comments blaming the Dems for this one.

Once again no plan & no organization. They haven’t done 1 thing right regarding CV19.

greed and corruption , noting else

PrincessBravato Of course they did

капля в океане. мы давно уже привыкли работать с другими нулями. триллион там, триллион здесь. интересно тот триллион от нас индусы получили?✝️✝️

But that 2k is out of the question...

Once again, I woke up with filled anxiety, anger & sadness from being sexually assaulted & repeatedly victimized for 3 years straight. All I want is justice so i can heal & move on with my life! WILL YOU PLEASE HELP ME FBI/FBIPHOENIX/THEJUSTICEDEPT INVESTIGATION?

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