WASHINGTON – A handful of businesses associated with Democratic lawmakers have raised millions of dollars in Paycheck Protection Program loans after it was revealed that House Speaker Nancy Pelosi’s husband also benefited from the relaunch agreement.

Companies linked to reps Matt Cartwright (D. Pa), Conor Lamb (D. Pa), TJ Cox (D. Calif) and Harley Rouda (D. Calif) have received coronavirus loans, as has the law firm Family of New York Democratic Representative Anthony Brindisi, according to data released Monday by the Small Business Administration.

Cox-related companies have raised up to $ 1.7 million in federal bailouts. His Madera nut processing plant received a loan between $ 100,000 and $ 350,000, as has an assisted living center in which he still holds a financial stake worth up to $ 1 million, according to the report. SBA and financial disclosure documents.

An affordable housing company where the Democratic congressman was listed as a director in 2019 also got between $ 350,000 and $ 1 million from the federal government, but a spokesperson said he resigned as director l ‘last year.

“TJ Coxswain built and is now proud to be a passive minority investor in an almond processing plant that has created many jobs in the Central Valley, ”campaign manager Amanda Sands told The Post.

“Unlike large publicly traded companies that have received millions in PPP funding, the factory has received $ 350,000 in loans that will protect farm jobs here in the valley during the COVID-19 crisis,” she said. continued, claiming that the loan was acquired through “appropriate channels”. “

The Anthony Brindisi family law firm, which represents the northern region of Utica state, also received a loan of $ 150,000, according to records. A spokesperson for the congressman’s first-term office said he had not been a partner in the company since joining the House and had not applied for the PPP loan.

His father and sister still work at Brindisi, Murad & Brindisi Pearlman LLP, and he was listed as a partner there in 2019, according to financial records, reporting income between $ 50,001 and $ 100,000.

In an April interview with WRVO Radio the congressman complained that local small businesses were not receiving enough congressional funding, saying many family businesses did not have “the accountants and staff lawyers to guide them through the intricacies of this program “.

Trident Holdings, an LLC that has various investments in real estate businesses in the Midwest, received a loan of between $ 350,000 and $ 1 million, according to the SBA. Representative Harley Rouda’s wife, Kaira Rouda, sits on the board.

The Mattress Factory contemporary art museum in Pittsburgh, where representative Conor Lamb’s wife, Hayley Haldeman, is interim executive director, also received between $ 150,000 and $ 300,000 in PPP funding.

Meanwhile, Representative Matt Cartwright’s former law firm Munley Law, where his wife still works, has taken out between $ 350,000 and $ 1 million in coronavirus loans, according to the SBA.

Cartwright’s wife, Marion Munley, also sits on the American Association for Justice Education Fund Plank and they took between $ 150,000 and $ 350,000 in P3 bailouts.

Their offices did not immediately respond to the request for comment.

The Paycheck Protection Program was designed to maintain the earnings of workers who were put on leave during the coronavirus crisis, but several members of Congress faced a backlash when it was revealed that their family businesses raked in by the millions.

Loans can be converted into grants if businesses have up to 500 employees.

A car dealership owned by Texas GOP representative Roger Williams, one of the wealthiest members of Congress, received a loan, while a restaurant chain that received a $ 15 million loan returned the funds after it was revealed that the husband of Florida Democratic Representative Debbie Mucarsel-Powell works as a lawyer for the company.

He denied being involved in the application process.


Source link

Leave a Reply

Your email address will not be published.