The island of South Carolina receives a $ 1 million coronavirus relief loan and returns it after a backlash

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A homeowners association for a luxury The island of South Carolina has decided to turn down a $ 1 million government-approved loan Small business Administration paycheck protection program after public backlash, including a US Congressman from the state, according to a recently released report.

First-term Democratic MP Joe Cunningham proposed the homeowners’ association for ritzy Kiawah Island, which is part of the region it represents, on Thursday called its initial decision to accept coronavirus relief aid as inappropriate The post office and the courier.

The clubhouse on the Ocean Course at Kiawah Island Golf Resort, the future venue for the 103rd PGA Championship on June 15, 2019 on Kiawah Island, South Carolina. (Photo by Gary Kellner / The PGA of America via Getty Images)

“I am incredibly disappointed that the Kiawah Island Community Association took advantage of a program designed to provide a lifeline to troubled small businesses,” said Cunningham, according to the report. “When Congress decided to spend billions of dollars in taxpayers’ money to help small businesses and their workers survive this crisis, it wasn’t for huge corporations with deep pockets or wealthy local councils with millions of dollars in reserve funds.”

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Kiawah Island is about 25 miles from Charleston and is home to the posh Kiawah Island Club and Kiawah Island Golf Resort. The island hosted the PGA championship in 2012 and is set to do so in 2021, according to the club website.

Hours later, the club’s chairwoman Diana Mezzanotte told members that the board had ultimately decided not to accept the money and wrote in an email that the report said the community “will survive without the security loan.”

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“That is why the board of directors voted today to return the loan, because we understand that our sacrifices will be significantly less than those of small business owners who are struggling to survive,” Mezzanotte is said to have written in an email to the members.

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The Post and Courier reported that the Kiawah Island Community Association had at least $ 13.6 million in bank at the end of 2019 and had access to a $ 2.5 million line of credit.

Cunningham later praised the association’s choice on Twitter, calling the board’s move “the right decision.”

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“Now that money can go to small businesses and workers in Lowcountry who really need the help,” he wrote in a tweet.

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News of the Kiawah Island Community Association’s decision came just a day after the Miami Herald revealed that the Fisher Island Club, located on Florida’s exclusive Fisher Island and allegedly charging $ 250,000 per membership, had decided to start its own PPP -Don’t accept loans.

Fisher Island is considered to be home to the richest zip code in the country.

Days earlier, the club-separated Fisher Island homeowners association turned down $ 2 million in coronavirus relief aid after residents voted to keep it.



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