Georgia U.S. House Hopeful Jones Blasts Collins’ ‘Troubling’ $465K Loan to Own Campaign After Feds Forgave His Nearly $1 Million PPP Loan

The former Democratic Georgia state representative now running as the Trump-endorsed U.S. House hopeful in the GOP primary for his state’s 10th Congressional District told The Georgia Star and The Star News Network his opponent trucking businessman Mike Collins’ $465,000 loan to his campaign after the government forgave his $920,000 loan from the government’s Payroll Protection Program troubled him.

“Yeah, I want to be clear, the purpose of PPP loans was to save struggling self-employed, small businesses, mid-size businesses,” said Vernon Jones, who dropped his primary challenge to Gov. Brian P. Kemp at the request of President Donald J. Trump to clear the field for former senator David A. Perdue Jr.

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Commentary: $350 Billion of Forgivable Loans for 8 Weeks Won’t Be Enough to Save 30 Million Small Businesses

One of the key aspects of President Donald Trump and Congress’ $2.2 trillion coronavirus relief package are provisions for $350 billion for 30 million small businesses to cover payrolls for 60 million Americans for eight weeks to encourage people to stay home to wait out the Chinese coronavirus pandemic.

Along with the expanded unemployment and credit facilities covering critical industries and larger employers, the policy is designed to ensure that in saving as many lives as possible — the White House coronavirus task force has said as many as 2.2 million Americans could die without social distancing — we don’t find ourselves in a long, deep recession or depression as a result that might take a decade to recover from.

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