Entrepreneur: A Leaked Powerpoint Suggests the SBA Is Denying Disaster Loans to Anyone Arrested in the Last 10 Years
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As the SBA’s eligibility restrictions on stimulus loans become more apparent, many groups on both sides of the aisle are voicing their objections to rehabilitated business owners being cut out of aid opportunities. A bipartisan group including the ACLU and the Justice Action Network wrote to Mnuchin on April 17, and a group of nine conservative organizations wrote to the SBA, Mnuchin and Congress on April 20. The same day, a coalition of evangelical and Catholic organizations wrote to Senator Marco Rubio. The list goes on. These organizations recognize there are two ways to remedy the issue: Convince Mnuchin and the SBA to ease restrictions, or convince Congress to include a bill in the next stimulus package that forces the SBA to ease restrictions. “In this highly partisan atmosphere, it’s wonderful to have such incredible bipartisan support for this,” says Love. “It's really very gratifying.”