USA Today: Arizona charter school got a PPP loan, gave $10 million to shareholder
PHOENIX – Primavera online charter school, like many businesses this spring, sought help from the federal Paycheck Protection Program to weather the economic disruption of the COVID-19 pandemic.
Kyle Herrig, president of Accountable.Us, which compiled a database of all PPP recipients, said there has been widespread fraud and abuse of the program, including celebrities and wealthy companies getting loans.
“The Trump administration’s faulty design and mismanagement of the Paycheck Protection Program let thousands of mom-and-pop businesses slip through the cracks without adequate aid while charter schools cashed in,” Herrig said.
Herrig’s organization said that the PPP loans given to Creamer’s interests “merit further investigation” because his “businesses seem to have fared well throughout the pandemic.”