. The Treasury and SBA later reversed course, saying they would disclose names and other details about businesses that took PPP loans of $150,000 and above.
The Archdiocese of New York got a loan valued between $5 million and $10 million, while the Catholic Charities of the Archdioceses of San Francisco, Washington D.C., New Orleans and Boston, among others, all received assistance valued at more than $2 million. Numerous news organizations received PPP loans: Forbes Media got at least $5 million; The Washington Times got at least $1 million; The Washingtonian got at least $350,000; The Daily Caller received at least $350,000 and The Daily Caller News Foundation got at least $150,000; The American Prospect received at least $150,000.
Businesses in economically distressed areas as designated by the SBA got nearly 23% of the loan money, while companies in rural areas received about 15% of the funds.
Most of the money has been given to Construction Industry but still results are not impressive.
where is anti-tax jihadist GroverNorquist on this graph of recipients of taxpayer-funded government financial assistance? “Vocal Opponents Of Federal Spending Took PPP Loans, Including Ayn Rand Institute, Grover Norquist Group“
He is such a clown
larry_kudlow for all the rich that got millions intended for small companies with less then 509 employees. Why no spot checking and IG to track? USGAO start enforcing before sending the money. Disgraceful many went out of business along with staff getting fired. Your useless
seattleCAUSEDlives finish or let me the duck out. I’ll get ragged and this whole bull shitv about fag marriage. Over before you got s a chance so. In not happy with all this. Find my license and hold my passport. I need to get out by tonight BLAMESeattleTAXCHEATS amazon CIA
Ppp- protests pandemic and politics
Cue the screamers who actually believe big companies got all the money and small businesses got nothing. Totally false narrative.
So explain United Airlines and the tens of thousands that just announced they are laying off?
Yes, it’s interesting to browse through the database of companies that received the money, yet apparently chose the 1% Loan deal, rather than keeping/paying employees.
Cocaine Larry at it again. Why does CNBC insist on giving this guy a break? Don’t hurt his feeling he may go back on the pipe.
Ask my governor GavinNewsom. He is a very rich man who got one.
SycophantInChief
Pfft
Someone should ask him, why they did not put additional restrictions on who can qualify so that only deserving will get it and not all these well off companies..BS
I’m sure PPP recipient Cramer would agree
If you’re rich
I smell BS.
Come on Larry
Someone should ask him, why they did not put additional restrictions on who can qualify so that only deserving will get it and not all these well off companies..what a jerk
Socialism has been a tremendous success. Good to know.
What !? PLANET is he living on ?
Huh?
This guy is so full of shit.
I GOT MINES!
I bet
Hey everyone tag your favorite person who bashed this shit but got a PPP loan. Here’s mine: GerberKawasaki
Someone needs to ask why its safe for kids to go back but not resume tours at the White House? whitehousetours EnemyOfThePeople
If you have a business and are in Trump's cabinet you are doomed to drown because the press will scream.
Please go back to publishing finance and business news, vice promoting your political agenda. The greater nbc and your parent company comcast are already doing more than enough of that for you. This, and your writers aren’t talented enough to make their points coherently.
SteveScully17 This is some out right crooked shit going on. This money needs to be returned and they all need to be outed as thieves.
-The Ayn Rand Institute Awww, Paul Ryan must be weeping.
So what? Did they follow the rules?
Look at these crook companies taking the PPP Loans. They are not even small businesses.
Go ahead, Kayleigh McEnany, explain to us how so much money ended up in the hands of Trump donors and associates?
Mitch's Wife ?
TGI Fridays and PF Changs are what I think of when I hear small restaurant owner struggling to get by. I'd ask for free food there to compensate for them robbing tax dollars but I don't want their plastic crap. I guess I could drink their beer.
Don’t forget this one...
Oh poor white folks
Did SpeakerPelosi get money? WWG1WGA
Ugh. Churches getting these federal loans (that are forgiven).
fuckers
pigs at a trough
😡😡😡😡
Why not just ask your own sleazeball contributor Josh Brown? andrewrsorkin PowerLunch
Look at it
je vais dégager les saloperies d'ici comme ces bads vibes de la money et celle des violeurs et tueur d'enfants francs maçons
America is good at hindsight. The program was put in place fast to ensure payments while capital markets liquidity was up in the air and now we are gonna pick it apart? We are not as smart as we think we are, we are dumb actually
CEO pay increase
Link in my bio to stock courses and Options Trading. These courses are worth more than a college education.
hookers & blow
Buy OTM short dated calls on their own company to drive it higher then take out loans on their holdings to avoid any tax. Duh
Buy back stocks
Mitch McStealing wife Transportation Secretary Elaine Chao's family's business, Foremost Maritime Company, got a loan valued between $350,000 and $1 million. That federal money
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