Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-recovery-mode-email-service.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-recovery-mode-email-service.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-meta-query.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-meta-query.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/l10n/class-wp-translation-controller.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/l10n/class-wp-translation-controller.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/default-filters.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/default-filters.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-duotone.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-duotone.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-user-query.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-user-query.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/script-loader.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/script-loader.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/media.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/media.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-http.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-http.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-application-passwords.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-application-passwords.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/rest-api/endpoints/class-wp-rest-controller.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/rest-api/endpoints/class-wp-rest-controller.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/rest-api/endpoints/class-wp-rest-global-styles-revisions-controller.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/rest-api/endpoints/class-wp-rest-global-styles-revisions-controller.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/rest-api/endpoints/class-wp-rest-autosaves-controller.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/rest-api/endpoints/class-wp-rest-autosaves-controller.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/rest-api/endpoints/class-wp-rest-menu-items-controller.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/rest-api/endpoints/class-wp-rest-menu-items-controller.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/rest-api/endpoints/class-wp-rest-font-families-controller.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/rest-api/endpoints/class-wp-rest-font-families-controller.php on line 1
Nancy Pelosi’s husband among lawmaker-linked PPP loan recipients | Berlin Verdict

Nancy Pelosi’s husband among lawmaker-linked PPP loan recipients

July 7, 2020

A firm partially owned by House Speaker Nancy Pelosi’s husband was among the lawmaker-linked businesses that got Paycheck Protection Program loans, according to data released Monday.

Companies owned by or associated with Reps. Mike Kelly (R-Pa), Kevin Hern (R-Okla.), Markwayne Mullin (R-Okla.) and Rick Allen (R-Ga.) also received the coronavirus loans. Businesses linked to Reps. Roger Williams (R-Texas), Vicky Hartzler (R-Mo.), Susie Lee (D-Nev.) and Debbie Mucarsel Powell (D-Fla.) previously reported they got loans.

Pelosi spokesman Drew Hammill said that her husband Paul Pelosi is “a minor, passive investor in this company. He was not involved in or even aware of this PPP loan.”

Hammill told The Post that Pelosi owns 8.1 percent of EDI Associates, which got a loan between $350,000 and $1 million. The company invests in the El Dorado Hotel in Sonoma, Calif. Pelosi’s stake is worth between a quarter and half-million dollars, according to official disclosure forms.

PPP loans can be converted into grants if companies with up to 500 employees, and in cases more, spend 60 percent on payroll. In two deals brokered in part by Pelosi, Congress overwhelmingly approved $670 billion for the program.

Spokespeople for Kelly, whose car dealerships got between $450,000 an $1.05 million, and for Allen, whose construction firm got between $350,000 and $1 million, also said they were uninvolved in seeking loans.

Mullin, whose plumbing companies got $800,000 to $2.05 million, and Hern, whose McDonald’s franchises got between $1 million and $2 million, did not immediately respond to requests for comment.

Andrea Porwoll, a spokesman for Allen, said he “relinquished majority stake of the company and he and his wife no longer hold decision-making authority,” but that “our office has consulted with the U.S. House of Representatives Office of General Counsel and is confident the company, like businesses around the country impacted by COVID-19, is eligible to receive a loan under the Paycheck Protection Program after doing their due diligence and applying in good faith.”

Andrew Eisenberger, a spokesman for Kelly, said the congressman “is not involved in the day to day operations of his auto dealerships and was not part of the discussions between the business and the PPP lender.”

“Kelly’s small family business employs more than 200 western Pennsylvanians whose jobs were at risk because of Governor Wolf’s business shut down order,” Eisenberger said.

Information contained on this page is provided by an independent third-party content provider. Binary News Network and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact contact@binarynewsnetwork.com

News

Saluting those who Serve: Active Duty Mother Supports Hispanic Communities with new Artisan Purse Venture

Arizona USA, October 8, 2020, ZEXPRWIRE, Sunvanasky Company is a  women-led venture run by a U.S. service member who seeks to empower female artisans...

NADEEM BALLOCH is A Youth iCon, influencer and Entrepreneur From Pakistan.

NADEEM BALLOCH is A Content Creater, Actor, influencer, Fitness Model, Entrepreneur, Investor, Storyteller and Social Activist From Pakistan. His Nationality is Pakistani. Rahim Yar Khan,...

Introducing Indonesia Fintech Revolution Summit 2023: Unleashing the Power of Financia

Jakarta, Indonesia, 28th July 2023, ZEX PR WIRE, TraiCon Events is pleased to announce its upcoming flagship event – Indonesia Fintech Revolution Summit, set...

Valley Relocation Crosses Forty Years of Services in the Commercial Moving Industry with Specialized Services

The Sacramento-based moving company intends to provide the best moving services for the coming decades. California, USA, 14th March 2024, ZEX PR WIRE, Valley Relocation, a...

2022 JCI CYEA Top 3 and Top 10 Winner are announced in Melaka

2022 Junior Chamber International (JCI) Creative Young Entrepreneur Award (CYEA) winners, Top 10 and Top 3 are announced. Bukit Mertajam, Pulau Pinang, Malaysia, 28th Oct...

Outdoor Trends Provides Useful Insights and Product Reviews for Travel Buffs to Help Them Have a More Enriched and Enjoyable Outdoor Experience

Outdoor Trends’ reviews the best travel drones to help globetrotters choose the best drone for their travel. Lakewood, Colorado, 6th July 2022, ZEXPRWIRE, As an Amazon...

Nashville Religion Communicators Council to Hear About Artificial Intelligence and the Church

The Nashville Chapter of the Religion Communicators Council (RCC) meets monthly to talk about topics of interest and hear from professionals in religious communications. ...

Gamalogic’s Catch All Email Validation API Ensures Email List Quality for Maximum Marketing Impact

Gamalogic’s cutting-edge catch-all email validation API is elevating data-as-a-service that provides powerful tools for the data-driven marketing industry. They specialize in real time catch...

Indonesia to host Coinfest Asia, The First and Biggest Crypto Festival in Asia

Bali, Indonesia, 31st July 2022, ZEXPRWIRE, According to a Chainanalysis report, in the first half of 2021, Asia accounted for 28% of the overall...