Kanye West's clothing brand, Hollywood production companies on pandemic loan list

  • 📰 Reuters
  • ⏱ Reading Time:
  • 62 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 97%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Ventures backed by big-name entertainers Kanye West and Francis Ford Coppola were among those approved for loans under a U.S. government program to help businesses survive the coronavirus pandemic, according to a list released on Monday.

FILE PHOTO: Rapper Kanye West speaks during a meeting with U.S. President Donald Trump to discuss criminal justice reform in the Oval Office of the White House in Washington, U.S., October 11, 2018. REUTERS/Kevin Lamarque

Billionaire rapper West’s clothing brand Yeezy received clearance for a loan of between $2 million and $5 million under the Paycheck Protection Program, the U.S. Small Business Administration said.The PPP was established to aid workers at companies and nonprofits with fewer than 500 employees hurt by closures and other measures meant to slow the spread of the novel coronavirus.

Several Hollywood production companies applied for PPP aid after filming was halted in mid-March, putting tens of thousands of cast and crew members out of work. Approved applicants included The Jim Henson Company, creator of the Muppets, and The Apatow Company, run by writer/director Apatow.The Jim Henson Company received roughly $2 million, which enabled it to keep the entire staff of 75 workers employed, company spokeswoman Nicole Goldman said.

Other loan applicants from the world of entertainment included filmmaker Coppola’s Francis Ford Coppola Presents, a lifestyle brand that markets films, wine and other products,Cinema operators, which were forced to close in March, also applied for relief. Theater chains approved for loans included California-based Laemmle Theatres and Regency Theatres, the government list said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

LOGIN to submit music for RADIO PLAY ON Atlantas 1 Radio Station-

What a freak. A drain on society.

This is part of the deal he made with Dotard Trump to pull the black vote from Biden thereby splitting the opposition, al la Nader. Payouts for all the puppets! You wanna be paid you gotta play!

Yes, boycott all of these crony related businesses. Our money choices are our power. Do not buy unethical brands.

ProChristopher 🤣🤣🤣🤣

BOYCOTTYEEZY

But he's worth $1.3 billion. Why does he need a govt bailout?

Mr billionaire

It begins

Worth a billion but still needs little loans to pay for his crap. This is disgusting. Kanye should be ashamed

Maybe he can sell the clothes the same way Ivanka did !!! 😷🌊

cannot stand this deadshit

Every day it's worse. Terribly worse. Our country is imploding, can't we over throw him NOW?!

So, President kanyewest, what happen with all that COVID19 pandemic loan money you received? YeAintNothingButAGoldDigger PPPloan 💸

Already attacking him. Haha your desperation for Biden to win is showing, and it looks ridiculous.

He is engaged I gotta say. Always keeping himself controversial.

Nooooo. He’s got to pay that back immediately.

Ye saved 100 of jobs. He's bringing manufacturing back to America. There has never been a better candidate.

Corruption

He won’t mind us all boycotting his brand and everywhere it is sold then. kanyewest boycottgap votetrumpout

Now all these reality show has beens are going to run for president to try and scam taxpayers for 4 years, like the orange turd, smdh

SHAMEFUL pure and simple.

kanyewest and elonmusk on that govment cheese.

BBM- black business matter😁

Please check to see if Kaynes wife’s sister Kylie Jenners company Kylie Comsmetics also received PPP money. Wouldn’t put it past Kris Jenner to make that happen. As small businesses go under the Trumps take care of their own and friends.

He should take that money and make Yeezy-branded masks.

Really? Whatta surprise?

There is the pay off - qualified or not!!!

THERE IS THE PAYOFF- qualified or not.

Corruption is an essential skill to become a US president, right? kanyewest

bergsonist Fuck that guy!

LOL now we know who the money queen is...its not kayne

Disgusting.

Thief

Abuse should have penalty

Kanye is successfully failing, which is impressive.

Once again. The writers of stir the pot. Why not good reports?

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines