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Selection, Charter Schools Get Big Payday

Monday, August 3rd, 2020

Selection, 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. Picture from the City of Milwaukee.

As soon as the authorities created its small-business loan program as a result to your COVID-19 pandemic, it absolutely was clear right away that general general general public schools wouldn’t be entitled to the aid.

But information for Wisconsin circulated on Monday programs a number that is large of and charter schools that describe on their own as general general general public schools, and receive public money, also 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 to pay the amount of money straight right right back.

One of the nonprofits with ties to voucher and charter schools that have taken advantageous asset of the PPP system in Wisconsin would be the Bradley Foundation ($150,000 to $350,000), Silver Spring Neighborhood Center ($150,000 to $350,000) the rebels that are running 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 an assortment, in place of disclosing loan that is specific because, for making the names of loan recipients public, the Trump management is “striking the correct balance” between general general public transparency and protecting the privacy of payroll and private earnings information of smaller businesses, Treasury Secretary Steven Mnuchin describes from the SBA internet site.

Some organizations that are religious received loans aren’t detailed as schools, but they are with the cash for college staff. (more…)