are holding onto money from the program. They include three hotel companies tied to Texas entrepreneur Monty Bennett that got a total of $69 million from the program.
The controversy intensified after reports that some of the money went to big restaurant chains, includingLast week, Treasury Secretary Steve Mnuchin stressed that the program is only intended to help companies that can't get money through normal channels like the stock market. The Lakers basketball team received a $4.6 million loan but decided to give it back, according to a statement from the team.
We place so much emphasis on “celebrities” who aren’t worth it. The essential workers and everyday Americans are who keep this economy going.
This is sickening!
clos236 Let’s also find the banks who approved these loans.
Hang on. The LA Lakers; professional Basketball club of the National Basketball Association applied for a small business Loan
Are people just getting the funds, or are these a-holes requesting the funds and getting them?
Recieved?! Who uckin applied for it?!
Why did they even apply?
My electric company mysummerenergy is on this list, just cancelled service. Awful.
The lalakers suk azz for their greed. Pure greed. Money for small business goes to over-paid people who happen to be 6' 5'+.
the quote- “Once we found out the funds had been depleted we repaid the loan so that financial support would be directed to those most in need” Is code for “once we were shamed we wanted to save face. In the future we’ll borrow from Lebron if we need help”
L.A. Takers 🤔🏀😕
Because we found out.
Its too late. They were shamed into returning the $. The fact that they would apply for these funds and take money from the small businesses that really need it is disgraceful and says so much about this organization and what is important to them.
So they can come up with all these rules for individuals (Stimulus)...if you earned over a certain amount you were not eligible...Why was the same NOT done for companies worth a certain amount !!!
Good.
Greed is addictive
Ummm, why the fuck would y’all take money for “small businesses?” Y’all pay your players millions of dollars; I think you will be fine for real
Are we supposed to ignore how and why these large companies gotthis money?!?! America has fallen.
Every single huge company should be required to do the same. Only problem is there is no one in this so called government that would even suggest such a thing. Sad.
And what you dont know is the democrats are probably giving a few places the money that aren't returning it
Why did they get $$ in the first place? Because Trump and his goons are both corrupt and incompetent
The fact they thought they THOUGHT they could get away with it is pathetic!!! This is WHY I hate Sports, they think they are better than everyone! F them! 😡😡😡😡😡😡😡😡😡😡😡😡😡😡😡😡😡
To begin with, didn’t they apply in order to have gotten the money? 🤔
Name and Shame those public companies!
That’s what happens when the president gets rid of any oversight on the money!!
How did they get the money in the first place?
Of_the_People7 Thieves running the country.
The fact they got it in the 1st place is a failure on Trump and his henchmen.
BIG QUESTION: WHY are wealthy corporations receiving money?
It is pretty much channeled to rich white people. Why? Because the interests of small businesses especially if they are owned by people of color are ignored.
boycottbasketball
Give money back in seaon game tickets to every fan
We only hear about it when money is returned. What about the ones who haven’t returned money intended for small businesses? They should all pay interest and penalties, too, for tying up the funds.
Its not like the money automatically showed up in the bank. They filed for it. And now returning it?!
Since the money ran out thanks to greed like this, some small businesses won’t be able to be saved in time. This incident reflects how big businesses feel entitled, and it’s no wonder they do when large corporations are treated as superior to everyone else.
gota pay the th -ugs
Greed!!!
EquoAmicus This is what CORRUPTION looks like just disgusting
Start ups and Main Street mom and pop shops, like the Los Angeles lakers organziation, need help. Please support small companies like this.
Ballmer hanging outside Lakers practice facility like
Word on the street has it, even the corrupt CEOs that took the money from the federal loan plan refuse to vote for Trump again. They feel there's plenty of liars & cheats in the GOP to support, they don't need to back this idiot anymore.
Goes to show who our government works for. I know a lot of people that have so far received nothing. Our banks should not be the middle man between us and our government. They have failed us big time.
This is what happens when you FIRE the IG in charge of oversight. Worst administration ever.
Name the rest
Yes, peoples buisnesses who could donate large sums of money to Trump all got loans...
They applied for it thinking noone would know
Jeanie Buss does not care about the people who are the fans. Her moral failure is applying for the loans. She should feel remorse every time she looks in the mirror......former Lakers fan
Who didn't know that the loans would be given to companies that don't need them? Remember, there is no oversight, so, Trump's buddies could cash in. The truth is blatantly in our faces. The little guy means nothing until there's no one to do those 'little guy jobs'.
What does magic think?
That they even applied is disgusting. Those other companies quietly keeping it are just as disgusting. Just because they could, they did! Where was their conscience telling them gee, we don't really need this money, but a restaurant that lost most of their customers do?
Who is the person who signed off on this request? We need names.
It’s really hard to believe that banks would fund these big corporations and leave the small business owners to go bankrupt and lose their livelihood.Of course,the banks make lots of money from these big loans and they’re all about money.This scenario was the Republicans goal!
That’s pocket change for Akron born KingJames. The Lakers should be ashamed of themselves for applying in the first place.
Now leading the league in steals! 🏀😉
That millionaires even applied shows the absolute debasement they live.
Why did they apply for it?
What the fukk
Most companies, large and small, are suffering. Not because of mistakes or mismanagement, but because the government shut them down.
Shame. Shame. Shame.
WHY TEH FUCK DO THEY NEED A BAILOUT ?!
Why did they apply in the first place?
Utterly ridulous! SmallBusinessRelief
As always thanks for the superb reporting! My family is boycotting permanently all large businesses who erroneously took $ even if they paid it back. Not like we'd ever eat Shake Shack anyway. 🤮lalakers sweetgreens shakeshack
Unbelievable corruption in the Administration permits large corporations to receive these loans while small businesses close.
SBAJovita Have you looked into these errors?
James Dolan just went 'wait a minute...'
How did they even get it in the first place...
Why would they even apply in the first place? They thought they could get away with it, that’s why.
Why would they ever think to apply in the 1st place? Most of the owners are probably billionaires, they can tough it out a month or two..or maybe a whole season. $💶 💵$🏀💴💰$
My question is why all these major corporations are filing for these loans just to give them back?
Clerical errors across the board. The bill authors and those who failed to catch (or weren't there to catch at all) allowed it to happen. In the end, small business still are w/o needed assistance to stay afloat.
So they applied?
They should be ashamed of themselves for even applying! Wtf JeanieBuss?!
Lays it all out: Lakers management is really quite evil.
Why doesn’t MSM scroll their names at the bottom of our TV screens?
This a failure of oversight by the Trump Administration. And where is that weasel Wilbur Ross during all of this?
Pay your athletes a few million less That will give you more than enough cash
Publicly traded companies have shares they can issue or various other ways to raise money this whole PPP Small Business Loan program is a complete fraud joke corruption whatever federalreserve
Where can we find a list of these public companies?
Was there no criteria at all?
So great that a small time business like the LA Lakers could be saved from collapse instead of a hundred mom and pop stores.
I’m a Lakers fan, and I find this gross.
Shame on them.
Sure do love them little ma-&-pa NBA franchises.