Report: ‘Hate Groups’ Received Millions In Aid From Small Business Relief Fund


Meanwhile, black and Hispanic business owners were among those who struggle to gain access to the federal funds.

The federal government doled out millions in loans from the small business coronavirus relief fund to at least “10 groups with a history of making anti-Black, anti-LGBTQ or anti-immigrant statements,” according to CBS News.

The news outlet reported that “10 policy groups received a total of as much as $10 million in assistance from the Paycheck Protection Program,” with eight of the groups “identified as hate groups by the Southern Poverty Law Center.” One such group is the Center for Immigration Studies, “a Washington, D.C.-based organization described as a ‘hate group’ by the Southern Poverty Law Center.” The center “got as much as $1 million from the Paycheck Protection Program, with the loan made by United Bank.”

CBS News reported that the SPLC “in 2017 documented more than 2,000 instances in which the Center for Immigration Studies ‘circulated the writings of white nationalists and antisemitic writers.’"

A group led by James Dobson is also on the list. Dobson’s group "is well known for his anti-LGBT views," according to the SPLC, claiming that homosexuals will "destroy the earth."

The report noted that implementation of the PPP has sustained heavy criticism, particularly that it “lacked safeguards to ensure an equitable distribution of funds, especially to what many people would view as traditional for-profit small businesses.” CBS News reported that black and Hispanic business owners were among those who struggled to obtain access to PPP loans, “with a survey finding that only 12% of such applicants received the forgivable low-interest loans.”

"The Trump administration designed a program that largely excludes minority owned small businesses but left the door open to taxpayer funds propping up hate groups," said Kyle Herrig, the president of Accountable.US, a group that advocates against government corruption and waste. "That's indefensible."

Read the full report.


Economics, Finance and Investing