Texas congressional campaign received $28,000 loan designed for small businesses struggling during the pandemic

Date
Publication
KXAN

The Ohio Democratic Party received a PPP loan for $333,867 and the Tennessee Democratic Party received a PPP loan for $5,000, according to FEC records. Brendan Fischer, director of the Campaign Legal Center’s Federal Reform Program, said Mann’s political committee appears to be one of the first, if not the first, to directly receive a PPP loan. “It’s not necessarily unlawful but it’s perhaps politically inadvisable,” Fischer said. “Part of the reason we haven’t seen more campaigns take out these PPP loans is because the campaigns knew that the loan would have to be disclosed on their FEC reports and it’s not a good look.”

Read the full article here.