Should we ask the government for help to save our business when we are already a billionaire? This is the question that can be asked, while the Small Business Administration (SBA), which helps small and medium-sized American companies, announced on Monday that it had granted a loan of 2 to 5 million dollars to Yeezy, Kanye West's company.
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- ye (@kanyewest) July 1, 2020These loans, accessible to all companies with 500 employees or less, were launched at the start of the economic crisis linked to the coronavirus, and the interpreter of I Am A God , who obviously has no problem money, did not hesitate to ask the federal government for help.
The needy
According to the Hollywood Reporter , the rapper's company, which has just signed a partnership with the clothing brand GAP, would have managed to save, thanks to this loan, no less than 106 jobs threatened by the health crisis. But the news could turn into controversy.
Examples of companies that have applied for and obtained these loans include Wall Street investment funds, restaurant chains with hundreds of establishments across the country (such as TGI Fridays or PF Chang's), the artist Jeff Koons (whose smallest sculpture is sold for several million dollars) or the various companies owned by the billionaire governor of West Virginia, Jim Justice, as relayed by The Associated Press.
Kanye West, who announced his candidacy for the presidential election last weekend, declined to speak on the subject at the publication.
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