The news is out: [WASHINGTON –– The Florida Democratic Party announced Wednesday it would return a federal loan it received under a program designed to give relief to small businesses amid the coronavirus pandemic following a backlash from several Florida Democratic lawmakers.
Records released Monday by the Small Business Administration and the Treasury Department show the Florida Democratic Party received between $350,000 and $1 million through the Paycheck Protection Program to keep 100 jobs.
The Florida Democratic Party said in a statement it had applied for a loan out of concern about maintaining its payroll and workers but the application’s approval had been a “mistake.”
“The bank, the loan processor and agents of the Small Business Association approved the funding, ” the party said. “It now seems they made a mistake in approving the funding so we are volunteering to return it.”
Several Democratic members of the Florida House of Representatives and Senate had taken to Twitter earlier Wednesday to criticize their own party for getting a loan.]
When the money was voted on, I wrote that it would be a money laundering scheme. I was right.