This was something a lot of people were worried about. According to the NY Post, large corporations including Yeezy and hotels owned by family members of President Trump’s son-in-law Jared Kushner. These businesses were granted Paycheck Protection Program loans that were worth millions. This comes after the Small Business Association released the information on Monday.
According to the Hollywood Reporter, “Kanye West’s Yeezy company received more than $2 million through the Paycheck Protection Program, the Small Business Administration disclosed on Monday. Yeezy, an LLC formed by the musician and clothing designer, received a loan between $2 million and $5 million, according to the SBA. The company disclosed that it saved 106 jobs because of the program, meant to help businesses struggling during the novel coronavirus pandemic.”
The PPP passed in May, and was meant to serve as a support line for small businesses impacted by the pandemic in an effort to save jobs. The loans are forgivable if businesses spend the funds on eligible costs.
A rep for West did not immediately reply to a request for comment concerning the PPP loan.
MAGA Kanye West Says He’s Running For President, Common Sense Twitter Smells A Troll
1 of 13
call it a late registration— Aiden Kauffman (@itsaidenk) July 5, 2020
2 of 13
@ Everyone saying it’s too late for Kanye to run for president pic.twitter.com/QC7VGo9JKy— Ⓜ️ (@WashedMel) July 5, 2020
3.3 of 13
4 of 13
me and the homies rolling up to the polls to vote for kanye pic.twitter.com/h31nSKfzvs— sam (@svmuelrr) July 5, 2020
5 of 13
Nah if Kanye West becomes President he’s honestly completed life. A legend in music, a force in the fashion industry, a billionaire, and now a whole PRESIDENT? Bruh... BRUH.— King Wow (@wowthatshiphop) July 5, 2020
6 of 13
Kanye West is obviously Trump’s desperation plan to take votes from Biden.— Mrs. Krassenstein (@HKrassenstein) July 5, 2020
This is like Biden convincing David Duke to run for President.
Hopefully Americans don’t fall for this disgusting trick.
7 of 13
Kanye West is running for President. pic.twitter.com/kvak8w9uxK— Frederick Joseph (@FredTJoseph) July 5, 2020
8 of 13
can’t wait until Kanye makes American Boy the national anthem— Scoopty (@ScooptyWhooop) July 5, 2020
9 of 13
Literally any idea Kanye West has ever set his mind on, he accomplished! so I honestly believe we will see him as the president one day.— 🍒💣 (@smuckersbytyler) July 5, 2020
10.10 of 13
11 of 13
The entire United States when they need to choose between Joe Biden, Donald Trump, and Kanye West https://t.co/GiVOQpDEpK— Tashdeed Faruk (@TKFaruk8) July 5, 2020
12 of 13
Me finally realizing that Kanye West pulling a Ross Perot and runs for President will only split the votes that would’ve went to Joe Biden and secures Trump another presidential term.....https://t.co/HEcdyut2TE— Anita Faker (@MovesLikeRoy) July 5, 2020
13 of 13
BREAKING: Kanye West announces he needs more attention.— Danny Zuker (@DannyZuker) July 5, 2020
HEAD BACK TO THEMORNINGHUSTLE.COM HOME PAGE
Businesses Connected To Kanye West, President Trump and Jared Kushner Received PPP Loans was originally published on themorninghustle.com