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Wednesday, Jul. 10, 2024

Did Wisconsin congressional candidate Tony Wied fail to repay a $300,000 taxpayer-funded loan?

Tom Kertscher, Wisconsin Watch
no

A $342,000 federal loan given to Wied Oil Co., then owned by Tony Wied, was forgiven. It did not have to be repaid.

Wied is running for the Republican nomination for the Green Bay, Wisconsin-area U.S. House of Representatives seat vacated by Republican Mike Gallagher, who retired.

The Paycheck Protection Program loan, used for payroll for the Green Bay company’s convenience store gas stations, was made in April 2020 and forgiven in January 2021.

Nearly all PPP loans, offered in response to the COVID-19 pandemic, were forgiven if used for payroll.

An ad posted July 8, 2024, by Speak Free or Die PAC claimed that Wied “took a $300,000 taxpayer-funded loan and never paid it back.”

The political action committee supports Roger Roth, another Republican running for the seat, and is funded by Uline company president Liz Uihlein.

Also running are Republican state Sen. André Jacque and Democrat Kristin Lyerly.

See a full discussion of this at Wisconsin Watch

This fact brief is responsive to conversations such as this one.

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