Firms linked to Democratic representatives, their spouses got millions in PPP loans

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

Companies linked to representatives Matt Cartwright (D. Pa), Conor Lamb (D. Pa), TJ Cox (D. Calif) and Harley Rouda (D. Calif) received loans for coronavirus, as did the law firm of New York Democrat Rep. Anthony Brindisi, according to data released by the Small Business Administration on Monday.

Cox-related companies raised up to $ 1.7 million in federal bailouts. Its Madera nut processing factory received a loan of between $ 100,000 and $ 350,000, as well as an assisted living facility of which it still has a financial stake of up to $ 1 million, according to financial disclosure statements and from the SBA.

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

“TJ Helmsman 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 the large publicly listed companies that received millions in PPP funds, the plant received $ 350,000 in loans that will protect farm jobs here in the Valley during the COVID-19 crisis,” he continued, saying that the loan was acquired. through “proper channels”. “

The Anthony Brindisi family law firm, which represents the northern area of ​​the state of Utica, also received a loan of $ 150,000, according to records. A spokesman for the office of the first-term congressman said he has no longer been a partner in the firm since he became a member of the House and did not apply for the PPP loan.

His father and sister still work at the company, Brindisi, Murad & Brindisi Pearlman LLP, and he was listed as a partner there in 2019, financial records show, declaring an income of between $ 50,001 and $ 100,000.

In an April interview with WRVO radio, the congressman complained that local small businesses were not getting enough funding from Congress, saying that many family and family businesses lacked “staff accountants and attorneys to guide them through the complexities of this program. “

Trident Holdings, an LLC that has multiple 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 at the board.

The Mattress Factory Museum of Contemporary Art in Pittsburgh, where Rep. Conor Lamb’s wife, Hayley Haldeman, serves as interim CEO, also received between $ 150,000 and $ 300,000 in PPP funds.

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

Cartwright’s wife, Marion Munley, is also part of the American Association for Justice Education Fund Board and they took between $ 150,000 and $ 350,000 in PPP bailouts.

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

The Paycheck Protection Program was designed to maintain the earnings of workers who were laid off during the coronavirus crisis, but several members of Congress faced a backlash when their family companies were revealed to have accumulated millions.

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

A car dealership owned by Republican Texas Rep. 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 the husband was revealed from Florida Democratic Representative Debbie Mucarsel-Powell. He works as a lawyer for the company.

He denied being involved in the application process.


Leave a Reply

Your email address will not be published.