Media Matters Raked in Up to $2M in Small Biz Relief Loans

Media Matters Raked in Up to $2M in Small Biz Relief Loans

July 7, 2020

Media Matters for America, the George Soros-funded left-wing nonprofit, received between $1 million and $2 million in loans under the federal Paycheck Protection Program (PPP), according to Breitbart News.

The loan, intended to provide relief to small businesses closed because of the coronavirus pandemic, was approved for Media Matters (MM) by Bank of America despite the nonprofit having criticized the Trump administration for its handling of the funds.

Political nonprofits benefiting from such loans came to light in April after several groups such as state affiliates of the American Civil Liberties Union (ACLU) filed applications. Branches of the ACLU in Texas, Montana, and North Carolina borrowed between $150-350,000.

Critics have pointed to a conflict of interest for political groups pocketing the taxpayer-funded relief money. Media Matters founder David Brock also founded the super PAC American Bridge 21st Century, for example, which funded ads in swing states attacking Trump’s “incompetency” in his handling of the pandemic.

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