CNA Staff, May 20, 2020 / 07:45 am
Planned Parenthood affiliates reportedly received $80 million in emergency coronavirus loans, despite congressional regulations that were intended to disqualify them.
Fox News reported on Tuesday that 37 of the organization’s affiliates applied for and received $80 million in loans from the Paycheck Protection Program (PPP), designed to help small businesses and non-profits stay open and maintain payroll during the new coronavirus (COVID-19) pandemic.
The emergency loan program set up under the CARES Act required that small businesses or non-profits applying for loans have 500 or fewer employees.
For smaller entities that are affiliated with a large national organization, existing Small Business Administration (SBA) affiliation rules would be applied, tabulating the employee count of all the affiliates together with the national organization.