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Tweet of the late night: (Original Post) applegrove Mar 2021 OP
Hmm, let's look at who got a bunch of PPP loans from tRump... Blue Owl Mar 2021 #1
Thanks for adding that. applegrove Mar 2021 #2
I am so glad we are rid of NJCher Mar 2021 #3
trump d.c. hotel , u.s.gov. own's. pull lease , bad investment & bad risk. monkeyman1 Mar 2021 #4
Twitter reply: Rhiannon12866 Mar 2021 #5

Blue Owl

(50,349 posts)
1. Hmm, let's look at who got a bunch of PPP loans from tRump...
Sun Mar 14, 2021, 02:15 AM
Mar 2021
Over 25 PPP loans worth more than $3.65 million were given to businesses with addresses at Trump and Kushner real estate properties, paying rent to those owners. Fifteen of the businesses self-reported that they only kept one job, zero jobs or did not report a number at all.

The loans to businesses located at Trump and Kushner properties included a $2,164,543 loan to the Triomphe Restaurant Corp., at the Trump International Hotel & Tower in New York City. The company reported the money didn’t go to keeping any jobs. It later closed.

A company called LB City Inc, which is located at Kushner’s Bungalow Hotel in Long Branch, New Jersey, received a loan for $505,552.50 that it used to keep 155 jobs.

Two tenants at 725 5th Avenue, Trump Tower, received more than $100,000 and kept only three jobs.

Four tenants at the Kushner-owned 666 5th Avenue combined received more than $204,000, and retained only six jobs.


Source:

https://www.nbcnews.com/business/business-news/release-ppp-loan-recipients-data-reveals-troubling-patterns-n1249629
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