SBA Chief Won’t Explain Why Her Agency Keeps Lending Millions To PP – IOTW Report

SBA Chief Won’t Explain Why Her Agency Keeps Lending Millions To PP

Concerned Women For America

The Small Business Administration (SBA) has obstructed proper Congressional oversight of the COVID-19 Paycheck Protection Program (PPP) through its refusal to share information on over $90 million in total loans to Planned Parenthood Federation of America (PPFA).

At a recent Senate Committee on Small Business and Entrepreneurship hearing, Ranking Member Rand Paul demanded answers on the unlawful distribution of funds to PPFA affiliates deemed ineligible for the aid program. SBA Administrator Isabella Casillas Guzman dodged the inquiry, failing to recognize the critical need for transparency on the use of precious taxpayer dollars. Under her leadership, the SBA approved at least $17.6 million in additional loans to PPFA, including a maxed-out $10 million loan to Planned Parenthood of Greater New York just before the program exhausted funds in early May 2021. This despite ongoing inquiries regarding $80 million in aid yet to be returned by 38 affiliates. More

Watch Senator Paul grill Guzman on the unlawful conduct of her agency under her administration. Here

5 Comments on SBA Chief Won’t Explain Why Her Agency Keeps Lending Millions To PP

  1. They need the money so they can keep using it to give back to the candidates that keep funding them. Classic iron triangle at work. Oh, and to kill babies. Those doctors have loans to pay. Opps, I meant positive outcomes by using best practices.

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