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Under strong pressure from Congress, on July 6 the U.S. Small Business Administration, after consultation with the U.S. Department of Treasury, disclosed information about 4.9 million Paycheck Protection Program (PPP) loans.
The loans were intended to provide relief to U.S. businesses during the COVID-19 pandemic. Companies applying through their banks for these Small Business Administration loans had to certify the money was “necessary to support the ongoing operations.”
PPP loan funds spent to cover payroll, mortgage interest, rent or utilities are eligible for complete forgiveness. Vast numbers of American small businesses found their banks would not return phone calls or process loans. But a number of nonprofit organizations identified in the database of the book Big Israel: How Israel’s Lobby Moves America as being heavily involved in advancing Israel from within the U.S. received substantial support.
Click here to see how much money Israel affinity organizations received
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