An investment group led by the family of New Hampshire Governor Chris Sununu allegedly benefited from the state’s Paycheck Protection Program (PPP), reports WCAX.
The program was created to assist in preserving jobs at small businesses throughout the COVID-19 pandemic. Waterville Valley Holdings (WVH) received between $350,000 and $1 million from the PPP. WVH is the principal investor in the ski area where Sununu served as CEO until taking office in 2017, Waterville Valley Resort. According to the report, at least five other ski areas or resort properties that received loans through the PPP are associated with this company.
The current administration only released details on approximately 20% of the beneficiaries that received at least $150,000.
WNTK Local News 