EXCLUSIVE: It pays to be “Deep State” rich! America's wealthiest, including Tom Brady, Khloe Kardashian, Reese Witherspoon, Kanye and Nancy Pelosi's husband took millions in PPP loans – and nearly all have been forgiven
Celebrities including Kanye West, Jay-Z and Khloe Kardashian received millions in government PPP (Payment Protection Program) loans, set up for desperate businesses hit by the Covid pandemic
DailyMail.com can now reveal the exact amounts that these millionaires took out via the government program
Kanye West's Yeezy LLC borrowed $2,363,585, with $1,772,689 being spent on payroll for 106 staff
Khloe Kardashian's denim brand Good American LLC had a loan of $1,245,405 approved on April 14, 2020, mostly for the payroll of 57 workers. The full amount, plus interest, was forgiven
In most cases, the loans have been 'forgiven' so the full amount, including interest, will not have to be repaid, despite the owners' wealth
https://www.dailymail.co.uk/news/article-11113221/Wealthy-Khloe-Kardashian-Reese-Witherspoon-got-millions-PPP-loans-didnt-pay-back.html