- 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
EXCLUSIVE: It pays to be 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
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