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Tweet of the late night: (Original Post)
applegrove
Mar 2021
OP
Blue Owl
(50,349 posts)1. Hmm, let's look at who got a bunch of PPP loans from tRump...
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 didnt go to keeping any jobs. It later closed.
A company called LB City Inc, which is located at Kushners 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.
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 didnt go to keeping any jobs. It later closed.
A company called LB City Inc, which is located at Kushners 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
applegrove
(118,622 posts)2. Thanks for adding that.
NJCher
(35,658 posts)3. I am so glad we are rid of
those leeches.
monkeyman1
(5,109 posts)4. trump d.c. hotel , u.s.gov. own's. pull lease , bad investment & bad risk.
Rhiannon12866
(205,224 posts)5. Twitter reply: