pbrauer
DP Veteran
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- Jun 6, 2010
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Romney economic speech at company that received stimulus funds – CNN Political Ticker - CNN.com Blogs
Ames, Iowa (CNN) – The owner of an Iowa construction company where Mitt Romney will deliver a speech on the economy received stimulus funds, according to the government's web site that tracks expenditures from the federal program.
Kevin Kinzler, owner of Kinzler Construction Services, received a $1.25 million dollar loan from the Small Business Administration through the American Recovery and Reinvestment Act in May of 2009, shortly after the stimulus plan was signed into law by President Obama.
The Recovery.Gov web site describes the loan as being designed "to aid small businesses which are unable to obtain financing in the private credit marketplace."
In addition to the small business loan, Kinzler Construction Services also received nearly $650,000 in stimulus funds through grants provided by the Department of Energy. The grants were first reported by the left leaning blog, Think Progress.
Ames, Iowa (CNN) – The owner of an Iowa construction company where Mitt Romney will deliver a speech on the economy received stimulus funds, according to the government's web site that tracks expenditures from the federal program.
Kevin Kinzler, owner of Kinzler Construction Services, received a $1.25 million dollar loan from the Small Business Administration through the American Recovery and Reinvestment Act in May of 2009, shortly after the stimulus plan was signed into law by President Obama.
The Recovery.Gov web site describes the loan as being designed "to aid small businesses which are unable to obtain financing in the private credit marketplace."
In addition to the small business loan, Kinzler Construction Services also received nearly $650,000 in stimulus funds through grants provided by the Department of Energy. The grants were first reported by the left leaning blog, Think Progress.