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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FACTS
The US Criminal Justice System is $268 BILLION (of which $32 BILLION is spent on SORNA and SORNA related Federal JAG grants ‘bestowed’ to State jurisdictions)…juxtapose that to the Wal-Mart Corporations 2019 Revenues of $339 BILLION….that is roughly 10% of Wal-Mart’s annual revenues…
Ladies and Gentlemen…CRIME IS COMMERCE, especially in FLORI-DUH!
Too Bad, we don’t get those ‘Wal-Mart Rollbacks’ with a Smiley Face!
Ha Ha!
What is the source for these facts?
The California Sex Offender Management Board (CASOMB) states at casomb.org that between 10 and 40 billion dollars a year is spent on managing the registry in this country — a registry where the recidivism rate, taken collectively, is in the single digits, and over 90% of FUTURE sex offenses will be by people NOT on the registry.
Once our economy tanks because of this virus situation, I will be notifying some of the major news outlets in this county about this great waste in taxpayer money. If anyone has documentation sources about the cost of monitoring the registry, cost of locking registrants up over technical violations, etc., please post them at this website. Thanks.
SarahF
You are an angel. Everything you do is soo important and appreciated. The only thing that burns me more than what the registry has done to me personally is the raping of the American people by politicians for money for the registry. Billions and there are so many different figures out there , does anyone even know the exact amount? The true amount seems to be kept a secret. It needs to be exposed and published everywhere. As well as the worthlessness of the registry in general.
Sarah, do you have the web address for the CASOMB report that you reference? Once I get the actual commentary I plan to send it to every news media that I know of. I hope that you and Ed are getting adjusted OK. I guess that lunch with you guys is out for a while at least.
Capt. Munsey, I found that statement at casomb.org. When you get to the website, click on the video. There is some very good info in the video along with the statement about the national cost of maintaining the registry. I reference this video in much of my correspondence.
Ed and I will be glad to give you a raincheck on the lunch once this virus thing is over with.
Capt. Munsey, I am not sure if FAC will be able to post the list of contacts that I sent them. Did you get them in an email I sent to you? I will gladly email them to any FAC member. I give FAC my permission to give my email address to anyone who wants to see my list. Again, it is a hodge podge, and I am hoping that other members will post their contact emails at this FAC website so that we can expand our list. I know that there are plenty of FAC members who have additional contacts that I do not have.
In addition to the list that I emailed you, I have obtained the following contact emails for the Gainesville Sun:
[email protected] Editor
[email protected] Local News Editor
[email protected] Opinions
[email protected] Events
I have found that Gainesville is an area of the state where the majority of the people base their decisions on research — not myth.
Capt. Charles there are a 1 million people on the registry in this country. That is a disgrace. I don’t believe in america anymore. The government does this to sex offenders for votes.
Glen, I still love America but you are correct about the registry. It has been taken over by politicians who have no clue as to the truth about registrants…or they know the truth and just don’t care as long as their actions get them votes from an ignorant public. That is why I believe that educating the public is so important. Also, letting the public get to know what a registrant is really like is important. I did that in my neighborhood and get along fine with everyone…even the ones with kids. Educating America is one tough job but oh so necessary. That is why organizations like FAC and NARSOL are so important and worthy of our support. With the info I received from Sarah plus some additional that I have gathered I plan to provide enough info to the media sources that they cannot honestly say they are not aware of the conspiracy going on in this country against registered citizens.
The following link may provide more insight into the 2020 CARES Act rather than previous laws.
https://www.sbaloandefaulthelp.com/applying-for-an-sba-loan-with-a-felony-in-your-background-you-better-understand-sba-form-912/
I was convicted in and served jail time in the military. The only thing that shows up on my background check now is the registry. Can I answer no on that stupid question?
This is copied directly from the SBA Payroll Application:
Within the last 7 years, for any felony or misdemeanor for a crime against a minor, have you: 1) been
convicted; 2) pleaded guilty; 3) pleaded nolo contendere; 4) been placed on pretrial diversion; or 5) been
placed on any form of parole or probation (including probation before judgment)?
what about those of us who had adjudication withheld ?? i have NO record.. but am on the list
Section 4107(d)(2) of the Small Business Jobs Act of 2010
For what its worth, here is the SBA certification statement:
(d) Required Certifications.–
(1) Eligible institution certification.–Each eligible
institution that participates in the Program must certify that such institution is in compliance with the requirements of section 103.121 of title 31, Code of Federal Regulations, a
regulation that, at a minimum, requires financial institutions, as that term is defined in 31 U.S.C. 5312(a)(2) and (c)(1)(A),
to implement reasonable procedures to verify the identity of any person seeking to open an account, to the extent reasonable and practicable, maintain records of the information used to verify the person’s identity, and determine whether the person appears on any lists of known or suspected terrorists or terrorist organizations provided to the financial institution by any government agency.
(2) Loan recipients.–With respect to funds received by an eligible institution under the Program, any business receiving a loan from the eligible institution using such funds after the date of the enactment of this Act shall certify to such eligible institution that the principals of such business have not 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)).
So sex offenders and terrorists are in the same group. But no mass murders or white collar crimes?
Rob, I see that is the 2010 law. But the CARES Act was signed into law just a few days ago. Are we precluded under the 2020 CARES ACT?
CARES ACT is not sba loan or grant! Cares is compleatly different
I filled out the COVID-19 Economic Injury Disaster Loan Application. The print out after it was submitted has the SBA logo and at the bottom it says, “SBA Office of Disaster Assistance.”
So far no response from them. I’m not holding my breath.