Kanye West’s clothing and sneaker brand Yeezy received a loan from federal government pandemic rescue fund worth between $ 2 and $ 5 million, helping it save 106 jobs, according to data released by the U.S. Treasury Department on Monday. Yeezy, best known for his $ 250 sneakers, has just …
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A significant number of American small business owners who got money from the government-backed small business coronavirus relief program say they will end up laying off hundreds of thousands of workers anyway. Up to 653,000 small businesses that received forgivable awards, 1% of loans from Payment Check Protection Program It …
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PPP loans remain available until June 30, even for small businesses starting to reopen. Getty Time is running out on the Paycheck Protection Program (PPP). June 30 is the deadline for small businesses to apply for forgivable PPP loans. Even for companies that are now reopening, PPP is still available …
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