A firm partially owned by House Speaker Nancy Pelosi’s husband was among the lawmaker-linked businesses that got Paycheck Protection Program loans, according to data released Monday.
Companies owned by or associated with Reps. Mike Kelly (R-Pa.), Kevin Hern (R-Okla.), Markwayne Mullin (R-Okla.) and Rick Allen (R-Ga.) also received the coronavirus loans. Businesses linked to Reps. Roger Williams (R-Texas), Vicky Hartzler (R-Mo.), Susie Lee (D-Nev.) and Debbie Mucarsel-Powell (D-Fla.) previously reported they got loans.
Pelosi spokesman Drew Hammill said her husband, Paul Pelosi, is “a minor, passive investor in this company. He was not involved in or even aware of this PPP loan.”
Hammill told The Post that Paul Pelosi owns 8.1 percent of EDI Associates, which got a loan of between $350,000 and $1 million. The company invests in the El Dorado Hotel in Sonoma, Calif. Pelosi’s stake is worth between a quarter-million and half-million dollars, according to official disclosure forms.
PPP loans can be converted into grants if companies with up to 500 employees, and in some cases more, spend 60 percent on payroll. In two deals brokered in part by Nancy Pelosi, Congress overwhelmingly approved $670 billion for the program.
Spokespeople for Kelly, whose car dealerships got between $450,000 and $1.05 million, and for Allen, whose construction firm got between $350,000 and $1 million, also said they were uninvolved in seeking loans.
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