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Small Business Owners With Criminal Records are Being Denied Access to Loans From the Paycheck Protection Program

Small Business Owners With Criminal Records are Being Denied Access to Loans From the Paycheck Protection Program

Posted on May 7, 2020 by Accel Admin

As you know, the COVID-19 outbreak has essentially put American life on hold. Businesses have closed, people have died, and there is no real end in sight. Of the people affected by the virus are former convicts who now own businesses. While many business owners across the country have benefitted from the Paycheck Protection Program, which essentially gives small businesses the financial relief they need to continue paying their employees and keep their businesses functioning.

Criminal records are incredibly damaging to an individual as is. They can prevent someone from getting certain jobs, living in certain areas, and more. That is why many people who have criminal records have no shot at true success outside of starting their own businesses once free. If you are someone with a criminal record and have started a business and now require a loan via the Paycheck Protection Program, you are most likely now finding that these loans are extremely elusive.

When applying for the Paycheck Protection Program, you were most likely asked if you’ve ever had a guilty plea, a felony conviction, a pretrial diversion program, or if you have been placed on parole or probation in the past five years. If you had answered yes to this question, and you cannot lie, you were most likely denied access to the program. This is unacceptable, and action must be taken to ensure all those with small businesses can operate on a level playing field.

Furthermore, this is just one more aspect in which having a criminal record can truly affect the quality of life, which is why if you are someone facing criminal charges in Texas, you need an experienced criminal defense attorney on your side who knows the ins and outs of the criminal justice system. We are that firm. For any additional questions, give us a call today. We are here to help.

Contact our experienced Texas firm

We are knowledgeable attorneys who are ready to help preserve your freedom and keep you out of jail. If you or a loved one are facing a criminal charge in the state of Texas, reach out to our firm today. We have been defending individuals in your position for years, and we are ready to do the same for you. If you need a firm who will aggressively fight for your rights, look no further–simply contact Carrol & Hinojosa today.

Posted in BlogsTagged San Antonio Criminal Defense Attorney, Texas Criminal Defense Attorney

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