Billionaire Kanye West’s Corporation Yeezy LLC Receives Multimillion-Greenback PPP Mortgage From Trump Admin

Billionaire Kanye West’s Company Yeezy LLC Gets Multimillion-Dollar PPP Loan From Trump Admin

Billionaire rapper and shoe designer Kanye West’s corporation has gained a multimillion-dollar mortgage as element of the federal government’s coronavirus stimulus offer, according to records introduced Thursday by the U.S. Treasury’s Smaller Company Administration.

The revenue was handed out in the most recent round of the Paycheck Defense Software, element of the Trump administration’s $2 trillion CARES Act built to present economic relief to smaller companies in the course of the coronavirus pandemic.

Yeezy LLC, a California business, is shown in the Treasury’s log as a receiver of a loan really worth involving $2 million and $5 million. The enterprise self-identified as staying male-owned and a Black or African-American organization. It explained 160 work opportunities were being saved applying the mortgage.

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