Federal Paycheck Protection grants don’t fund public schools but do fund private schools.
St. Marcus Lutheran School expansion, 2215 N. Palmer. Picture through the City of Milwaukee.
If the government that is federal its small-business loan program in reaction to your COVID-19 pandemic, it absolutely was clear from the beginning that general general public schools wouldn’t be qualified to receive the help.
But information for Wisconsin circulated on Monday programs a big quantity of voucher and charter schools that describe on their own as public schools crucial hyperlink, and get public money, have gotten huge amount of money in Paycheck Protection Program (PPP) loans intended for small enterprises.
Under PPP guidelines, they will most likely not need certainly to spend the amount of money right right right back.
Among the list of nonprofits with ties to voucher and charter schools which have taken advantageous asset of the PPP system in Wisconsin will 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 Time of Grace Ministry ($150,000 to $350,000).
The Wisconsin Lutheran twelfth grade 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 an assortment, in the place of disclosing loan that is specific because, to make the names of loan recipients general general general public, the Trump management is “striking the correct balance” between public transparency and protecting the privacy of payroll and private earnings information of smaller businesses, Treasury Secretary Steven Mnuchin describes in the SBA site. Continue reading “Solution, Charter Schools Get Big Payday”