Preference, Charter Schools Get Big Payday

Preference, Charter Schools Get Big Payday

Federal Paycheck Protection grants don’t fund public schools but do fund schools that are private.

St. Marcus Lutheran Class expansion, 2215 N. Palmer. Photo through the populous City of Milwaukee.

If the government created its small-business loan system as a result to your COVID-19 pandemic, it had been clear from the beginning that general general public schools wouldn’t be entitled to the help.

But information for Wisconsin circulated on Monday programs a big quantity of voucher and charter schools that describe on their own as general general general public schools, and get public money, also have gotten vast amounts in Paycheck Protection Program (PPP) loans intended for smaller businesses.

Under PPP guidelines, they shall most likely not need to pay the funds right right right back.

One of the nonprofits with ties to voucher and charter schools which have taken advantageous asset of the PPP program in Wisconsin would be the Bradley Foundation ($150,000 to $350,000), Silver Spring Neighborhood Center ($150,000 to $350,000) the operating Rebels Community Organization, Inc. ($350,000 to $1 million) and period of Grace Ministry ($150,000 to $350,000).

The Wisconsin Lutheran senior high school Conference received between $1 and $2 million, and Wisconsin Montessori community received between $350,000 and $1 million.

The small company management (SBA) states the loans as a variety, instead of disclosing particular loan amounts because, to make the names of loan recipients general general public, the Trump management is “striking the right balance” between general public transparency and protecting the privacy of payroll and private income information of smaller businesses, Treasury Secretary Steven Mnuchin describes regarding the SBA internet site. Leggi tutto “Preference, Charter Schools Get Big Payday”