REPORT: Weapons Manufacturers Secured $164M In PPP Funds Despite Booming Gun and Ammo Sales
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WASHINGTON, D.C. — A new analysis from government watchdog Accountable.US found that weapons manufacturers secured up to $164 million in Paycheck Protection Program (PPP) funds despite a spike in gun sales during the pandemic. These gun companies received taxpayer-funded relief meant for struggling small businesses following an aggressive lobbying effort from the industry on the CARES Act. Nineteen Senators wrote a letter to the Treasury Department to ensure gun companies would be included in the disbursement of PPP funds – including 15 lawmakers who have received contributions from the National Shooting Sports Foundation’s PAC.