EDI Associates is listed as a recipient of a loan between $350,000 and $1 million. The same company was listed in Nancy Pelosis latest House financial disclosure report filed in May 2019, for the year 2018. Paul Pelosi is a businessman and investor.
Hes an investor. So, he was not aware the loan was applied for, said spokesman Drew Hammill of Pelosis husband, emphasizing also that he was a limited investor. . .
The data released Monday also show that the Congressional Black Caucus Foundation and the Congressional Hispanic Caucus Institute each received PPP loans of between $350,000 and $1 million.
Erica Southerland, a spokeswoman for the CBC Foundation, released a statement explaining the loan was sought for use toward payroll costs and other eligible expenses, and will allow for seamless continuance of our nonprofit, nonpartisan mission to advance the global black community by developing leaders, informing policy, and educating the public.
Without this assistance, the CBCF would have faced a 30% reduction in the overall organizational budget impacting more than 25 employees, according to the statement. In addition, the CBCF provides paid, need-based fellowship and internship opportunities to equip future leaders and increase diversity on Capitol Hill.
A spokeswoman for the CHC Institute did not immediately respond to a request for comment.
A spokesman for a third group thats listed as receiving a loan for between $350,000 and $1 million, the Congressional Sportsmens Foundation, did not immediately respond to a request for comment.
So, he's stoopid.