Cunningham Statement on Kiawah Island Community Association's Decision to Return $1 Million PPP Loan

Mount Pleasant, S.C. – Rep. Joe Cunningham released the following statement after the Kiawah Island Community Association announced its decision to return the $1 million coronavirus loan they obtained through the Paycheck Protection Program (PPP). Cunningham called on the community association to return their loan earlier today:

“I’m glad to see Kiawah Island Community Association do the right thing and return the $1 million PPP loan they received. Congress approved the spending of billions of dollars in taxpayer money to help small businesses weather this storm and keep paychecks going to their employees, not pad the pocketbooks of giant corporations or wealthy community associations that have millions of dollars in reserve. We must now get this money into the hands of the Lowcountry small businesses and workers who desperately need relief.”