Thursday, August 18, 2022

This doesn't seem right.-----Wealthy Khloe Kardashian and Reese Witherspoon got millions in PPP loans they didn't pay back | Daily Mail Online

Wealthy Khloe Kardashian and Reese Witherspoon got millions in PPP loans they didn't pay back | Daily Mail Online
"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.
  • 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

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