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Sat Jul 11, 2020, 04:38 AM

Companies Owned by This Billionaire Governor Received up to $24 Million in Bailout Loans

Companies owned by West Virginia Gov. Jim Justice and his family received up to $24 million from one of the federal government’s key coronavirus economic relief programs, according to data made public Monday.

At least six companies from Justice’s empire showed up on the list of Paycheck Protection Program aid recipients released by the Small Business Administration.

The Greenbrier Hotel Corporation, Justice’s firm that owns and operates the iconic luxury resort, received a loan of between $5 million and $10 million.

That made it one of only nine companies in West Virginia to receive a loan of that size. Treasury Department officials did not specify the exact amount of the loans, and made public only the identities of companies that received more than $150,000.

Read more: https://www.propublica.org/article/companies-owned-by-this-billionaire-governor-received-up-to-24-million-in-bailout-loans

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