Maine Democratic Party: Senator Collins' PPP Loophole Allowed Large Hotel Chains to Nab up to $1 Billion in Small Business Relief Funds
August 07, 2020
August 07, 2020
AUGUSTA, Maine, Aug. 7 -- The Maine Democratic Party issued the following news release:
New reporting from ProPublica has uncovered how the revolving door between Senator Susan Collins' office and K Street helped create a carveout in the Paycheck Protection Program that allowed large hotel chains to secure up to $1 billion dollars in PPP loans.
Senator Collins took credit this spring for securing the loophole that allowed large hotel and restaurant chains to tap in . . .
New reporting from ProPublica has uncovered how the revolving door between Senator Susan Collins' office and K Street helped create a carveout in the Paycheck Protection Program that allowed large hotel chains to secure up to $1 billion dollars in PPP loans.
Senator Collins took credit this spring for securing the loophole that allowed large hotel and restaurant chains to tap in . . .