Kanye West Company Yeezy Said To Receive $2million In Govt's Covid19 Aid

Kanye West’s Yeezy brand received at least $2 million from the government to stay afloat during the coronavirus pandemic, according to government data.
The streetwear brand Yeezy LLC was listed as being granted between $2 million and $5 million from the Paycheck Protection Program meant to help small businesses keep workers employed during the COVID-19 induced shutdown.
The revelation was made on Monday after the Small Business Association released a spreadsheet of all the companies that were granted more than $150,000 from the loan program.
Kanye West, who recently said he’s running for President and previously claimed to be a billionaire, started the company in 2007.
The spreadsheet showed that the fashion company out of La Palma, California, would use the forgivable loan to save 106 jobs.
At the end of June, Yeezy and Gap announced a 10-year deal for “Yeezy Gap” apparel line. The government-backed forgivable loan plan kicked off on April 3 and ran out of money less than two weeks later before the Trump administration sent out another round. The program initially faced backlash after billions of dollars went to big corporations, leaving many small businesses behind. Some big companies responded by returning the money.
Kanye just signed some crazy deal with @gap on a 10-year deal to create an iteration of his Yeezy branded clothing line for the retailer, said to be worth $100,000 million.