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Asked: 2023-02-21T02:17:12+00:00 In:

Celebrities Who Got Ppp Loans

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Celebrities Who Got Ppp Loans
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      The novel coronavirus pandemic has hit even the most successful of celebrities. As businesses have been forced to close, many celebrities have found themselves impacted financially, which has caused some to look for additional financial aid. The Paycheck Protection Program (PPP) has been a form of financial aid that many celebrities have sought out and received. In this article, learn about a few celebrities who have received PPP loans.

      1. Ice Cube: The rap icon and Hollywood actor sought out financial support from the PPP program and reported that they managed to receive a total of $392, given to his production company, Cube Views.
      2. Jon Bon Jovi: The iconic rock singer and songwriter’s JBJ Soul foundation applied for a loan of nearly $1 million. According to him the loan was used to support his restaurant chain, JBJ Soul Kitchen, and it enabled them to provide nearly 25,000 meals for those in need.
      3. Dwayne ‘The Rock’ Johnson: The former professional wrestler turned actor managed to get a large loan of $9.9 million that was given to his production company, Seven Bucks Productions.
      4. Samuel L. Jackson: The legendary actor managed to get a loan of $2 million which was given to his company, One Notch Productions. The loan was used to support their work in the film, TV and streaming production areas.
      5. Robert De Niro: The infamous actor’s iconic restaurant chain, Tribeca Grill, alongside its catering business, Canal Street catering, also received a PPP loan. The alleged total they received was around $2 million, which was used to support the teams of these companies.

      There are many celebrities who have received PPP loans amidst the pandemic. Although the decision to provide celebrities with these loans has been met with a fair amount of criticism, the funds received by these individuals likely amounted to a drop in the bucket when compared to the overall size of the pandemic’s impact. This aid has undoubtedly assisted countless Americans in a time of need, and that includes celebrities.

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