The chief bureaucrat behind a new report from the U.S. Government Accountability Office (GAO), a federal oversight agency, has endorsed the controversial claim that “adult entertainment” businesses are “not allowed to be funded” under Small Business Administration (SBA) programs.
Free Speech Coalition (FSC) has teamed with community development financial institution (CDFI) blueacorn to help industry members and business owners apply for first- and second-round Payment Protection Program (PPP) loans.
Attorney Derek Adams, an expert on Small Business Administration (SBA) loans, has penned an op-ed arguing that the SBA “can and should refrain from applying its ineligibility rules" — including the so-called “prurient clause” that discriminates against sexually oriented businesses — at the time of loan forgiveness.
A three-judge majority in the Sixth Circuit appeals court denied the Small Business Administration’s (SBA) request to pause last week’s decision by a Michigan judge establishing that local strip clubs should be eligible for the Payment Protection Program (PPP) as part of the U.S. Congress-approved COVID-19 relief package, regardless of the “prurient clause” included as part of the application.
A U.S. District Judge issued her opinion that four Wisconsin strip clubs should be eligible to receive COVID-19 emergency loans through the Small Business Administration (SBA)’s Paycheck Protection Program.
