Day 23 and @SBAIsabel has yet to transfer available funds at her disposal to the EIDL program. Yet she conveniently transferred funds for other purposes. How does she continue to keep her job? Thousands of small bizz are still waiting for their FULL EIDL increase, some for over a
@SBAIsabel@SBAgov For once have your administration give us straight answers. Are you still processing the 60k applicants who were submitted by May 5th per Patrik Kelly?? You need to be transparent with the American small business owners!!!
@alexvasbdc What about those who didn’t get funding because sba decided to fund the frauds and left legitimate business owners in the dark with no decision. Think about that for a second @SBAIsabel
@SBAIsabel@lisaling@acce@QuickBooks One would think YOU would speak about denying hundreds of thousands of small business owners who’ve been the backbone of this country for many years!!! If I were you I’d investigate your administration and give us all answers as to how and why they funded 80 billion fraudsters!
@RepBlaine penned a letter to @SBAIsabel requesting answers on how the program concluded, and specifically on how the SBA notified small business owners that funding was exhausted. Read more below ⤵️
https://t.co/VmLGZ1k7tT
Today, Ranking Member @RepBlaine introduced the IMPROVE the SBA Act, along with all Republicans of the @HSBCgop. America’s small businesses deserve an SBA that is responsive, helpful, and efficient with taxpayer dollars and this bill delivers just that.
https://t.co/kP4GrMVkbB
READ: The @SBAgov EIDL program has been riddled with fraud since it’s its inception and the SBA has failed to communicate regularly and properly with small business owners, per @RepBlaine below.
Having the SBA handle the disbursement of funds for the EIDL was biggest mistake! Over 7.1 million small businesses were denied for the loan, yet over 70 billion dollars was paid to fraudulent applications based on the SBA’s watchdog report!
7.1 million EIDL applications were denied! Over 50% of these businesses will be out of business by the end of 2022, let’s check the unemployment rate then Mr. president.
7.1 Million EIDL applications were denied! That’s 7.1 million small business owners. Over 40 Billion dollars were approved on fraudulent applications. Great job Isabel and the rest of the SBA team.
@SenatorCardin@SBAgov@SenatorCardin thank you sir for stepping up for all small@business owners. The @SBAgov@SBAIsabel have given us the run around with. No communication and we are still processing in our portal.
Many EIDL borrowers still need a modification, rehearing, or appeal. @SBAgov should use its transfer authority to accommodate them.
https://t.co/RprWBq81Yf