Report: Biden Admin-linked Special Interests Got More PPP Loan Forgiveness

By Joel B. Pollak (Breitbart)

June 14, 2022

A report released Tuesday by the Functional Government Initiative (FGI) suggests that Paycheck Protection Program (PPP) recipients with ties to Biden administration personnel received loan forgiveness at a higher rate than the general population.

The FGI, a new research organization dedicated to “improving the American public’s awareness about the officials, decisions, and priorities of their government,” compiled a database on loan forgiveness using the government’s own data.

The report does not directly allege that specific government officials intervened directly to help firms or organizations connected to them. However, it notes a pattern, and lists several high-ranking officials — including Secretary of State Antony Blinken, Secretary of Transportation Pete Buttigieg, Secretary of Defense Lloyd Austin, and Secretary of Energy Jennifer Granholm — as among those linked to recipients of PPP loan forgiveness.

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