How the Leader of the Oregon Armed Protest Benefited From a Federal Loan Program
Mother Jones
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As one of the leaders of a band of armed, anti-government activists who have taken over a National Park Service building in Oregon, Ammon Bundy has denounced the “tyranny” of the federal government. And he has brought a new round of attention to the anti-government militia movement that in 2014 rallied behind his father, Cliven Bundy, when the elder Bundy and armed supporters confronted federal agents in Nevada. But not long ago, Ammon Bundy sought out help from the government he now decries and received a federal small-business loan guarantee.
Ammon Bundy runs a Phoenix-based company called Valet Fleet Services LLC, which specializes in repairing and maintaining fleets of semitrucks throughout Arizona. On April 15, 2010—Tax Day, as it happens—Bundy’s business borrowed $530,000 through a Small Business Administration loan guarantee program. The available public record does not indicate what the loan was used for or whether it was repaid. The SBA website notes that this loan guarantee was issued under a program “to aid small businesses which are unable to obtain financing in the private credit marketplace.” The government estimated that this subsidy could cost taxpayers $22,419. Bundy did not respond to an email request for comment about the SBA loan.
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How the Leader of the Oregon Armed Protest Benefited From a Federal Loan Program
