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Politics : Formerly About Advanced Micro Devices

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To: Broken_Clock who wrote (1356675)	4/29/2022 3:29:11 PM
From: locogringo	1 Recommendation of 1572152

Rand Paul demands SBA explain why PPP money was wrongfully given to Planned Parenthood \| Fox Business A group of Republicans led by Sen. Rand Paul, R-Ky., sent a letter to Small Businesses Administrator Isabel Guzman demanding to know why the agency has continued to provide Paycheck Protection Program loans to Planned Parenthood affiliates despite them being ineligible for the funds. The letter outlines how the Small Business Administration notified 38 Planned Parenthood affiliates in 2020 that they had wrongfully applied for 38 PPP loans worth more than $80 million, ruling that the affiliates were ineligible for the loans due to the size of Planned Parenthood's overall organization. "Despite this determination, the SBA approved 17 new PPP loans to Planned Parenthood affiliates totaling nearly $40 million in 2021," the letter reads. "Moreover, under your leadership, SBA has forgiven at least 34 Planned Parenthood PP loans to date."

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