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MANY CELEBS ALSO GOT PPP LOANS

MANY CELEBS ALSO GOT PPP LOANS

TARIK LAWRENCE /  Gossip & News   /   Aug 22nd, 2022   /   0 COMMENTS

Some celebrities including Diddy, Jay-Z, and Khloé Kardashian, were among those whose companies were given PPP loans at the start of the pandemic like many other business owners. However, it is being reported that these celebrity A-listers had to pay back the loan in full. "Kanye West's Yeezy LLC, borrowed $2,363,585, with $1,772,689 being spent on payroll for 106 staff." Malibu Entertainment is linked to his streaming platform Tidal and took $2,106,398 to secure 95 jobs and was let off of repaying the full amount." Diddy's "Revolt Media and TV LLC, took $1,929,252 for 134 jobs, which was forgiven." Interesting. So if you had money, you could have gotten more money. 

Tags:  PPP LOANS


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