100 signatures reached
To: Jared Kushner and Ivanka Trump
Kushner family: return the coronavirus relief funds you unethically collected from the SBA
Ensure the Kushner family companies immediately return the millions of dollars they received from the government in PPP funds intended for small business owners.
Why is this important?
Small businesses teeter on the edge of a cliff and millions of people are waiting to see if their unemployment benefits will end this month, while Jared Kushner’s multiple multi-million dollar family businesses found a way to cash in on the coronavirus pandemic through loans intended for companies that desperately needed those funds to survive.
The Kushners are an integral part of the Trump administration and must not be allowed to abuse their power for personal gain, especially at the expense of others while we all deal with the economic hardships of the coronavirus pandemic.
The Payroll Protection Program (PPP) was established through the CARES relief programs Congress created to help small businesses owners weather the global coronavirus pandemic. Yet, several large entities that are part of the Kushner family conglomerate of corporations cashed in on these Small Business Administration (SBA) funds.
According to the SBA—which recently released loan data on PPP loans only after significant public pressure—the Kushner family’s corporate entities received millions of dollars under the program, including between $350,000 and $1,000,000 for Observer Holdings, formerly run by Jared Kushner himself and now owned by his brother-in-law(1), another $350,000 to $1,000,000 for Esplanade Livingston, which houses the Kushner family Westminster Hotel in New Jersey (2), and between $1,000,000 and $2,000,000 to Princeton Forrestal LLC which lists Kushner’s mom, brother, and sister as owners (3).
While the Kushners and many other large businesses with access and ties to the White House raked in millions, Color of Change reports that 41% of Black business owners were denied any aid. (4) We know our country has discriminated against Black businesses for generations, denying loans, redlining shops, and discrimination. And we know that massive handouts to the wealthy and well-connected are what drives inequality across the board. The Kushner family must not perpetuate this inequality - return your funds now, and allow those who need it most—more diverse small businesses—to get relief.
https://www.businessinsider.com/kushner-family-firms-received-millions-in-paycheck-protection-loans-2020-7
https://www.nytimes.com/2020/07/06/us/ppp-small-business-loans.html
https://www.thedailybeast.com/trumps-small-biz-rescue-bailed-out-kushners-family-obamas-aides-and-other-political-elite/body
https://colorofchange.org/press_release/first-covid-19-survey-of-black-and-latino-small-business-owners-reveals-dire-economic-future/
The Kushners are an integral part of the Trump administration and must not be allowed to abuse their power for personal gain, especially at the expense of others while we all deal with the economic hardships of the coronavirus pandemic.
The Payroll Protection Program (PPP) was established through the CARES relief programs Congress created to help small businesses owners weather the global coronavirus pandemic. Yet, several large entities that are part of the Kushner family conglomerate of corporations cashed in on these Small Business Administration (SBA) funds.
According to the SBA—which recently released loan data on PPP loans only after significant public pressure—the Kushner family’s corporate entities received millions of dollars under the program, including between $350,000 and $1,000,000 for Observer Holdings, formerly run by Jared Kushner himself and now owned by his brother-in-law(1), another $350,000 to $1,000,000 for Esplanade Livingston, which houses the Kushner family Westminster Hotel in New Jersey (2), and between $1,000,000 and $2,000,000 to Princeton Forrestal LLC which lists Kushner’s mom, brother, and sister as owners (3).
While the Kushners and many other large businesses with access and ties to the White House raked in millions, Color of Change reports that 41% of Black business owners were denied any aid. (4) We know our country has discriminated against Black businesses for generations, denying loans, redlining shops, and discrimination. And we know that massive handouts to the wealthy and well-connected are what drives inequality across the board. The Kushner family must not perpetuate this inequality - return your funds now, and allow those who need it most—more diverse small businesses—to get relief.
https://www.businessinsider.com/kushner-family-firms-received-millions-in-paycheck-protection-loans-2020-7
https://www.nytimes.com/2020/07/06/us/ppp-small-business-loans.html
https://www.thedailybeast.com/trumps-small-biz-rescue-bailed-out-kushners-family-obamas-aides-and-other-political-elite/body
https://colorofchange.org/press_release/first-covid-19-survey-of-black-and-latino-small-business-owners-reveals-dire-economic-future/