Washington D.C., Mar 26, 2021 / 15:00 pm
A letter signed by 25 Republican senators is demanding an investigation into Planned Parenthood affiliates illegally accessing emergency small business loans.
“We write to request an investigation concerning how affiliates of the Planned Parenthood Federation of America (‘Planned Parenthood’), a national organization with central control over its affiliates which has nearly $2 billion in assets, and over 16,000 employees nationwide, are continually able to obtain loans through the Paycheck Protection Program (PPP) when Small Business Administration (SBA) rules and guidance has made it clear that they are ineligible for such funds,” says the letter, reported by the Washington Examiner.
The letter was dated March 25 and addressed to Isabel Guzman, the administrator of the Small Business Administration (SBA).
The Paycheck Protection Program, or PPP, was set up under the CARES Act to provide emergency loans to small businesses and eligible non-profits to keep employees on payroll during the pandemic; the loans could become grants if certain conditions were met. On Thursday, Congress extended the program until June 30, 2021.