Posted on 08/23/2022 12:16:27 AM PDT by Robwin
Paul Pelosi, the husband to House Speaker Nancy Pelosi (D-CA), is linked to a company that saw millions in loans forgiven through the Paycheck Protection Program.
The Paycheck Protection Program was a national mainstay at the height of the pandemic to help small businesses make their way through a marred economy and retain employees.
However, elites also took advantage of the program, and Paul Pelosi might have benefited, according to a report.
...
EDI Associates, a restaurant-based company, will not have to repay two loans worth a total of $1.7 million in federal government loans, according to the report.
(Excerpt) Read more at washingtonexaminer.com ...
His luck will run out on Judgment Day. Same as his wife’s.
No doubt about that.
Nothing at all. 🤪😆
Who got to keep the 40% not required to go to employees in order to qualify for loan forgiveness? 40% of $1.7 million is $680,000...... sounds like a good day’s work.......
On this website you can look up any business to see how much they got in PPP:
https://www.federalpay.org/paycheck-protection-program
My brother in law’s little sign company got $64,000. Nobody every missed a paycheck. The company I worked for before I retired got almost $2 million. Nobody ever missed a paycheck. The amount of money given out in this program is mind boggling, and about 90% of the cause of the inflation we’re experiencing.
Company Name City State ZIP PPP Loan Jobs Industry
EDI Associates SONOMA CA 95476 $996,392 52 Full-Service Restaurants
EDI Associates SAN RAFAEL CA 94901 $711,708 52 Full-Service Restaurants
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