SBA Administrator Withholds the Truth on Funding to Planned Parenthood

The Small Business Administration (SBA) has obstructed proper Congressional oversight of the COVID-19 Paycheck Protection Program (PPP) through its refusal to share information on over $90 million in total loans to Planned Parenthood Federation of America (PPFA).

At a recent Senate Committee on Small Business and Entrepreneurship hearing, Ranking Member Rand Paul demanded answers on the unlawful distribution of funds to PPFA affiliates deemed ineligible for the aid program. SBA Administrator Isabella Casillas Guzman dodged the inquiry, failing to recognize the critical need for transparency on the use of precious taxpayer dollars. Under her leadership, the SBA approved at least $17.6 million in additional loans to PPFA, including a maxed-out $10 million loan to Planned Parenthood of Greater New York just before the program exhausted funds in early May 2021. This despite ongoing inquiries regarding $80 million in aid yet to be returned by 38 affiliates. Paul underscored the role of the Hyde Amendment to prevent federal money from going to abortions, thus preserving Americans’ conscience protection rights.

The SBA’s failure to enforce the rules against Planned Parenthood sends a clear message. This Administration will stop at nothing to protect the abortion industry’s survival, even at the expense of our nation’s small, main street businesses who are truly in need.

We stand behind the efforts of Sen. Rand Paul and others to uncover the truth and hold bad actors accountable. Our leaders must not stop until funds are returned, necessary legal action is taken, and the proper controls are instituted to prevent such a scandal from occurring again.

View the full exchange: Dr. Rand Paul Questions SBA Administrator Guzman on Planned Parenthood PPP Loans – May 26, 2021