SBA Loans offer resources for small business owners… except sex offenders.
A member pointed something out that we were not aware of, but in times of crisis (such as we are in), becomes critical to businesses.
The US Small Business Administration (SBA) provides small businesses with low interest loans to help recover from disasters, including the present financial disaster that is caused by the Coronavirus outbreak. The loans can save companies and their employees from going under during these difficult times. The SBA is here to save small businesses… unless they are owned by a person required to register as a sex offender! They are ineligible.
To qualify for loans from institutions participating in the small business lending fund, businesses must certify that none of their principals has been convicted of, or pleaded no contest to, a sex offense against a minor. (Annually, until the Redemption Date, a participating institution must certify to Treasury that for each loan originated by the institution or any of its affiliates that was funded in whole or in part using SBLF funds, the institution has obtained from the business to which it made such loan a written certification that no principal of such business has been convicted of a sex offense against a minor (as such terms are defined in section 111 of the Sex Offender Registration and Notification Act, 42 U.S.C. §16911). These certifications must be retained by the institution in accordance with standard record keeping practices established by the appropriate federal banking agency)
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Thanks for uncovering this inequity. It is almost unbelievable if you hadn’t sent the link for us to see it with our own eyes.
Society is determined to keep us out of the mainstream economy – no access to any gainful employment and disadvantaged should we strike out in business for ourselves. Maybe it’s time to start an underground economy….
This seems to be an ever present mantra in these pandemic times.
The term preponderance of evidence comes to mind when considering whether these restrictions can be viewed as anything but punishment in spite of the claim of civil regulatory scheme.
I have often of late wondered if any positive regulation can pass thru Congress without such exceptions.
First Degree Murder – come on in. You deserve a second chance.
Second Degree Murder – come on in. You deserve our assistance.
DUI Manslaughter of a Mother and three kids aged 1, 3, and 6 – lets help get this person back in society.
Armed Robbery with Assault of an 85 year old – Come on in. How can we help you today.
Person required to register because they streaked during half time at a football game when they were 18 and still in high school – Hell No. Get out of my office before you uncontrollably streak again. We know you can’t help yourself.
How can the federal government’s judicial branch conclude being on the registry is not punitive when the same government will help almost every other class of felon except for one.
Mr Alan…thank you!
can I please quote you, anonymously?
this in advance
I would also point out that the penalties for violating the so-called civil sanction are often more severe than those for the original offense that required registration.
Not punitive, my ass.
Dustin
Yes many times worse. My original conviction was $50,00 and 1 yr. probation.class B misdemeanor.No mention of registry.
24 yrs later I’m on the registry 3 mo. Check ins list of all contacts e-mail phone # can’t get on face book or instagram, to keep in touch with my kids, list of all vehicles . They come and knock on door occasionally to check on everything to make sure it’s all correct. Because of it can’t work for any one other than people who know me. Shunned by neighbors who don’t know anything about me. Have lost numerous jobs when they realized I’m on the registry. If I accidentally make any mistakes on any required contact I information, I’m charged with a felony and go to jail. There are many other things ,it takes them a full written page to list when they hand it to me each check in date.
So in cases like this, even getting off the registry (Which is our main goal) wouldn’t stop the discrimination against us. Frankly I would agree to just about anything if they would take me off the hit list.
They (Whoever they are) just want us all to fail so we can fill up the jails and prisons. When I was in therapy, there were a few guys who purposely did something to get arrested because they said the house arrest and ankle bracelets were worse than prison. Although I did not agree, I love the little bit of freedom I have left, I do understand the frustration of feeling like we can never succeed in the eyes of those who try and hold us down. Let’s prove them wrong.
I lost my home insurance a few years ago. They would never tell me why and when I called a legal aid group, they said it was 90% because of liability of me being on the registry / having a sex offense. If that happens to my parents because of me living with them now, I may have to move again.
This is exactly why our family business is solely in my wife’s name. I only do book keeping for it. If any way anybody found out about me the business would crash even though I do not personally participate in the daily activities of the business.
Just Tired
Exactly my thoughts. That law is so easy to get around that it’s insane to have it in the first place. Just put the business in a good friend or family members name. Why was it even put in there.
Does this mean that if one has been convicted of armed bank robbery or bank fraud…no problem? I am still searching for the logic in such a policy although I will not lose any sleep contemplating it.
seems like it, you can rob a bank, get convicted. Get out buy house within 1500 ft of the bank and im guessing you can open an account.
LOL Now that is irony. Open an account at the bank you robbed in the past HAHA
I once went to a doctors appointment and turned right around, went to the parking lot and called to cancel. It was my first time at that office and they had all the photos of the staff on the wall. One of the nurses in the photos was my ex wife. Nope, not going there.