DOJ Investigation Looms: Biden’s Loan Scandal Deepens

Biden administration officials invoked the scandalous codeword “Benghazi” to secretly funnel $90 million in small business COVID loans to Planned Parenthood, dodging oversight and taxpayer accountability.

Story Highlights

SBA under Biden used “Benghazi” in emails and meetings to conceal discussions on forgiving ineligible PPP loans to Planned Parenthood affiliates.
FOIA documents reveal 34 of 38 affiliates received $88-90 million in loans meant for businesses under 500 employees, despite clear ineligibility.
Sen. Joni Ernst demands DOJ probe into potential Federal Records Act violations, exposing a cover-up tactic.
Current SBA under Kelly Loeffler reviews loans, signaling potential clawbacks and accountability.

Timeline of the Cover-Up

May 19, 2020, SBA under President Trump notified Planned Parenthood affiliates of PPP ineligibility due to exceeding 500 employees or national affiliation rules. April 30, 2021, SBA General Counsel Peggy Hamilton launched an email thread titled “Benghazi (PPP/PPH) Decisions” discussing loan repayments and congressional scrutiny. This thread spanned months, evading standard records searches. Such tactics undermine FOIA transparency, a core principle of accountable government frustrating citizens across the political spectrum.

Biden SBA Forgives Ineligible Loans

Hamilton ordered reviews of nonprofit PPP loans for affiliation issues. June 29, 2021, SBA Administrator Isabel Guzman scheduled a Microsoft Teams meeting under the “Benghazi” code. Between 2021 and 2022, Biden officials forgave 34 of 38 Planned Parenthood loans totaling $88-90 million. These funds, from the CARES Act for struggling small businesses, bypassed eligibility rules amid pressure from 41 Democrat senators defending the handouts.

Sen. Ernst Exposes the Scheme

January 2026, new SBA Administrator Kelly Loeffler initiated reviews of Biden-era forgiven loans, demanding documentation from Planned Parenthood or facing disqualification. April 2026, Senate Small Business Chair Joni Ernst revealed FOIA-obtained documents from the Oversight Project, highlighting the “Benghazi” codeword—a nod to the 2012 Obama-era scandal symbolizing government deception. Ernst’s findings tie into Planned Parenthood’s $832 million in annual taxpayer funding.

Ernst asserts officials hid records from congressional and public requests, potentially violating federal law. This revelation resonates with Americans weary of elite insiders prioritizing agendas over fiscal responsibility and the rule of law.

Calls for DOJ Investigation

April 2026, Ernst demanded Attorney General Todd Blanche probe SBA officials for Federal Records Act breaches, including Hamilton’s originating email. SBA Pro-Life America’s Marjorie Dannenfelser called it shocking protection for the abortion industry amid rising procedures. Taxpayers footed the bill for loans to an organization receiving $2.3 million daily in government funds, fueling bipartisan distrust in federal stewardship.

Under Biden, $90 million went to the nation’s largest abortion provider.

Planned Parenthood was ruled ineligible for these small business loans.

Yet officials used the code word “Benghazi” to discuss and conceal internal deliberations.

Absolutely unacceptable. We need answers.…

— Rep. Claudia Tenney (@RepTenney) April 27, 2026

Short-term, ongoing SBA reviews risk repayment demands on non-compliant affiliates; long-term, this erodes faith in institutions like FOIA and sets precedents for auditing PPP abuses. Pro-life advocates gain leverage, while the episode amplifies critiques of politicized spending, echoing shared frustrations over government favoring powerful interests over everyday Americans pursuing the dream through hard work.