BBFK: PPP Loans WatchDogs CT

This week we have Connecticut and the group in question this week is Boys and Girls Village Inc and some questions we have for them is:

  1. Why did you take out a PPP loan for $3.01 million when the organization has over $30 million? 

  2. How is your highest paid individual at your organization the CMO?

  3. Why are your board of directors receiving construction & food contracts?

  4. Who did you meet with and why for $42,000 in government?

  5. Why do you have the Village Foundation Inc and didn’t receive money from the foundation rather than taking a PPP loan?

  6. Was everyone fired that helped cover up this abuse?

    1. https://www.ctpost.com/local/article/Boys-Girls-Village-ordered-to-pay-1-2-million-13822903.php


We reached out to the Boys and Girls Village Inc in order to ask them about these alarming points we came across but  they never responded for comment.

In conclusion Boys and Girls Village Inc, should give the money back just like Fortune 500 companies did, but with a twist. Half going back to the government and the other half going back to Building Blocks for Kids. Newtown Savings Bank can give back any revenue made (penalty should double that amount) for creating this loan. Not sure what the government will do with their half, yet BBFK knows exactly what we will do with our portion. 

Building Blocks for Kids would get a total amount of $1,500,000. Here is how that breakdown of that money will look like: 

  • $30,000 towards our website. 

  • $1,470,000 for 49 classrooms in Connecticut

    • Helping 49 teachers, over 1,350 students with financial literacy and career discovery education for a full year. To learn more about the BBFK: MORE Program visit: https://bbfkids.org/

Boys and Girls Village Inc #doBetter and with this amount we can do #MOREtogether to truly help the youth in Connecticut, give our youth a better chance for financial freedom and a better place to live. #doMORE

If you believe in our program for high school and college students you can help out by donating at https://bbfkids.org/donate