6 of the most conspicuous businesses that got PPP loans


The Small Business Association handed out more than $500 billion in loans through the Paycheck Protection Program to support businesses through the COVID-19 pandemic, according to data released by the agency on Monday. Here are six notable businesses that received loans over $150,000 from the government.
1. Kanye West's Yeezy LLC. West's fashion brand received a loan of between $2 million and $5 million. West manages the LLC, which reportedly made $1.5 billion last year.
2. The Americans for Tax Reform Foundation. Grover Norquist, a major opponent of government spending and taxes, heads this advocacy group that received between $150,000 and $350,000.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
3. The Ayn Rand Institute. The nonprofit pushes its namesake author's resistance to government aid and got a loan of between $350,000 and $1 million.
4. Kushner family companies. Observer Holdings LLC, which heads Observer Media, received between $350,000 and $1 million. President Trump's son-in-law Jared Kushner used to own Observer Media, and it's still in the family, per The Daily Beast.
5. Devin Nunes' winery. Rep. Devin Nunes (R-Calif.) owns a stake in Phase 2 Cellars, which got between $1 million and $2 million in PPP loans.
6. A whole bunch of Washington, D.C. political strategy firms. Firms run by former Obama aides received loans, as well as a GOP firm working for the Trump campaign, which received between $350,000 and $1 million.
It's important to note there appear to be some errors in the data. Scooter rental company Bird, for example, was listed in the SBA's data but said it only started an application for a loan and never actually applied for or got one.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Kathryn is a graduate of Syracuse University, with degrees in magazine journalism and information technology, along with hours to earn another degree after working at SU's independent paper The Daily Orange. She's currently recovering from a horse addiction while living in New York City, and likes to share her extremely dry sense of humor on Twitter.
-
'The Minnesota attacks join a grim catalog of political violence'
Instant Opinion Opinion, comment and editorials of the day
-
Another Starship blast sets back Musk's Mars hopes
Speed Read Nobody was killed in the explosion, which occurred in south Texas
-
3 tips to save for a cruise this year
The Explainer The convenience of a cruise doesn't necessarily come cheap without some strategic planning
-
Economists fear US inflation data less reliable
speed read The Labor Department is collecting less data for its consumer price index due to staffing shortages
-
Crypto firm Coinbase hacked, faces SEC scrutiny
Speed Read The Securities and Exchange Commission has also been investigating whether Coinbase misstated its user numbers in past disclosures
-
Starbucks baristas strike over dress code
speed read The new uniform 'puts the burden on baristas' to buy new clothes, said a Starbucks Workers United union delegate
-
Warren Buffet announces surprise retirement
speed read At the annual meeting of Berkshire Hathaway, the billionaire investor named Vice Chairman Greg Abel his replacement
-
Trump calls Amazon's Bezos over tariff display
Speed Read The president was not happy with reports that Amazon would list the added cost from tariffs alongside product prices
-
Markets notch worst quarter in years as new tariffs loom
Speed Read The S&P 500 is on track for its worst month since 2022 as investors brace for Trump's tariffs
-
Tesla Cybertrucks recalled over dislodging panels
Speed Read Almost every Cybertruck in the US has been recalled over a stainless steel panel that could fall off
-
Crafting emporium Joann is going out of business
Speed Read The 82-year-old fabric and crafts store will be closing all 800 of its stores