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Topic Title: What businesses got the PPP bailout? Topic Summary: gov't won't say... Created On: 06/12/2020 01:03 PM |
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- Pagerow | - 06/12/2020 01:03 PM |
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- HAPDigital | - 06/12/2020 01:13 PM |
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- Cole | - 06/12/2020 04:22 PM |
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- Pagerow | - 07/07/2020 08:43 AM |
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- dab | - 07/07/2020 09:13 AM |
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- Pagerow | - 07/07/2020 01:46 PM |
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- Cole | - 07/07/2020 09:06 PM |
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- Fish Killer | - 07/08/2020 04:22 AM |
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- HAPDigital | - 07/08/2020 04:24 AM |
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- Cole | - 12/04/2020 06:15 AM |
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- RiddleMe | - 12/04/2020 06:23 AM |
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- RustyTruck | - 07/07/2020 08:52 AM |
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- johnnyboy | - 07/08/2020 05:23 AM |
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- Pagerow | - 12/03/2020 12:53 PM |
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- fishkller | - 12/03/2020 01:52 PM |
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 07/07/2020 08:43 AM
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Now we find out who got the loans
Kanye West's clothing line. The sculptor Jeff Koons. Law firms and high-dollar hedge funds. The Girl Scouts. Political groups on both the left and right. On Monday, the government released the names and some other details of recipients who were approved for $150,000 or more. JEFF KOONS Koons, a modernist sculptor, is known best for his work with large, metallic balloon-like animals. His "Rabbit" sculpture fetched $91 million at auction last year. WALL STREET AND PRIVATE EQUITY Nearly 600 asset management companies and private equity firms were approved for money from the PPP, according to government data. Financial firms were generally not badly hurt by the coronavirus pandemic. Their employees were largely able to keep working, and they weren't among the industries that had to be shut down by government orders. KANYE WEST'S CLOTHING LINE: Kanye West's clothing-and-sneaker brand Yeezy received a loan of between $2 million and $5 million, according to the data released by Treasury. POLITICAL GROUPS The Americans for Tax Reform Foundation, the nonprofit arm of the anti-tax lobbying group Americans for Tax Reform, was approved for a loan of up to $350,000. THE GIRL SCOUTS More than 30 Girl Scout chapters across the country received PPP loans, the Treasury said. The Girl Scouts of Montana and Wyoming were approved for between $350,000 and $1 million. JIM JUSTICE, BILLIONAIRE GOVERNOR West Virginia Gov. Jim Justice's family companies received at least $6.3 million from the program. RESTAURANT CHAINS TGI Fridays and P.F. Chang's China Bistro were among the major restaurant chains that were approved for loans. Dallas-based TGI Fridays, which has around 500 restaurants nationwide, obtained between $5 million and $10 million in loans from the program. ------------------------- GOP: Gaslight Obstruct Project |
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