GOP Congress Members Got Millions In SBA Bailouts

The Washington Post reports:

At least seven members of Congress or their spouses received loans, including lawmakers who were directly involved in shaping regulations and also benefited from a blanket waiver of ethics concerns. Among the loan recipients disclosed is KTAK Corp., a Tulsa-based operator of fast food franchises owned by Rep. Kevin Hern (R-Okla.). KTAK reported receiving between $1 million and $2 million to support 220 jobs.

Rep. Mike Kelly (R-Pa.) benefited when three of his car dealerships, located outside of Pittsburgh, received a combined total of between $450,000 and $1.05 million to retain 97 jobs, according to the data. Several plumbing businesses affiliated with Rep. Markwayne Mullin (R-Okla.), all based in Broken Arrow, Okla., each received between $350,000 and $1 million.

Foremost Maritime, a shipping business controlled by the family of Elaine Chao, the Transportation Secretary, also received money from the program — between $350,000 and $1 million, according to the SBA data.

Read the full article. There’s much more.