So Planned Parenthood apparently considers itself a small business now. This week we learned the nation’s largest abortion provider – with $2 billion in assets, 16,000 employees, and over 600 locations that rake in almost $1.7 billion annually – applied for the new Paycheck Protection Program for small businesses.
Remember this program was set up by Congress to help small businesses and small non-profits (generally less than 500 employees) weather the COVID-19 pandemic. It works by providing loans that can be forgiven if the funds are used for things like payroll costs, mortgage interest, rent, and utilities.
Yesterday, it was confirmed that 37 Planned Parenthood affiliates received more than $80 MILLION in loans through this program.
It’s important to understand Planned Parenthood “affiliates” are not like a small, independent franchise that simply uses the Planned Parenthood name but essentially goes out and does its own thing. That’s not the case at all here. Planned Parenthood Federation of America (“PPFA”) has governing documents that clearly state affiliates must be approved by the PPFA board, and must conform to all PPFA bylaws and policies. Additionally, affiliates rely on PPFA for marketing, training, accounting, and numerous other shared services.
In other words, these affiliates are tightly controlled tentacles of Planned Parenthood. And given the size of that organization, they were never entitled to use your tax dollars to cover their operating costs through the Paycheck Protection Program. Their application was unlawful from the start.
Obviously this $80 million MUST be recovered immediately. The good news is the Small Business Administration has now informed Planned Parenthood of their violations and demanded the money back. But as Senator Marco Rubio said, we need to get to the bottom of “how these loans were made in clear violation of the applicable affiliation rules and if Planned Parenthood, the banks, or staff at the SBA knowingly violated the law.”