Day: July 7, 2020

Yeezy Received At Least $2 Million In Small Business Loans

Kanye West announced his (alleged) 2020 presidential candidacy this weekend, and he’s not done making civic-minded headlines. Today, the Treasury Department and Small Business Administration released the list of companies that applied for and received money to save jobs and protect wages during the coronavirus pandemic. Treasury Secretary Steven Mnuchin initially planned to keep the list confidential, but many Democrats noisily demanded more transparency into the process. As a result, all the companies that received more than $150,000 are named—and loading the publicly accessible spreadsheet opens up a treasure chest of information. Perhaps the most notable name on the list is the company belonging to none other than the galaxy-brained rapper-designer-presidential hopeful, first spotted by NBC News reporter Leticia Miranda.

Yeezy applied for a loan under the Paycheck Protection Program, itself a portion of the CARES Act, which went into effect in late March. The aim of the program

Read More