May 8, 2020

Center for Public Integrity: COVID-19 Didn’t Affect This Company, But It Still Got a $893K Federal Loan

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“There doesn’t appear to be any mechanism whatsoever to ensure that these loans were available only to companies that were actually affected by the coronavirus and the associated economic shutdown,” said Matthew Gardner, a senior fellow with the Institute on Taxation and Economic Policy, a think tank in Washington, D.C.

“It’s hard to see how Ur-Energy had any real meaningful impact from the coronavirus,” Gardner said. “Certainly not on the scale of the restaurants or retail industry that have been completely hammered by the shutdown.” Read more



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