Denver, CO – Rocky Mountain Planned Parenthood in Denver received a $2-5 million PPP loan, according to data released by the U.S. Small Business Association (SBA).
The SBA data shows Planned Parenthood received approximately $60 million in PPP loans.
The Paycheck Protection Program (PPP) allows businesses to apply for loans that are eligible for forgiveness.
The loan will be fully forgiven if the funds are used for payroll costs, interest on mortgages, rent, and utilities (due to likely high subscription, at least 60% of the forgiven amount must have been used for payroll).
From sba.gov
The interest rate on these loans is only one percent. Regardless of whether their loans are forgiven, Planned Parenthood is taking advantage of low-interest loans intended to help jumpstart businesses and the economy.
Worse still, if Planned Parenthood is considered eligible for loan forgiveness, taxpayers will cover the $60 million.
Regardless of whether this money directly funds abortions, it frees up other money that Planned Parenthood can use to fund the murder of unborn babies.
How much did Planned Parenthood Take?
The average PPP loan size is $106,772, according to the SBA.
Planned Parenthood did not apply for less than $350,000 at any of their locations. Many locations (including Rocky Mountain Planned Parenthood in Denver) applied for between $2 and $5 million.
Those are your tax dollars at work.
The real cost is the nearly one million lives taken by murderers at Planned Parenthood. However, our tax dollars do not need to help fund these crimes.
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