NEW: @briansflood of @FoxNews reports exclusively about our referral to the @SBAgov inspector general regarding a PPP loan that @mmfa received but was ineligible to receive due to being a political organization.
https://twitter.com/PatriotsFdn/status/1310717282910457858
Conservative group to argue that Media Matters should have been ineligible for PPP loan
Patriots Foundation claims group founded by Clinton ally is political organization 'as everyone who has ever followed them knows'
https://www.foxnews.com/media/media-matters-ppp-loan-david-brock
EXCLUSIVE – A conservative group will file a complaint with the Small Business Administration Tuesday alleging that liberal nonprofit organization Media Matters for America was ineligible to receive a federal Paycheck Protection Program loan because the group functions as a political organization.
“Media Matters is a political organization, as everyone who has ever followed them knows,” Patriots Foundation president Craig Robinson told Fox News in a statement Monday.
“Other political organizations, like campaigns and state parties, returned their PPP loans,” Robinson added. “We are asking the SBA IG to investigate this matter to ensure that taxpayer dollars were not improperly sent to an organization primarily engaged in political activities when SBA rules specifically prohibit it.”
A source close to the situation told Fox News that the Patriots Foundation also plans to argue that Media Matters made too much money in 2018 to qualify for a PPE loan.