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Wealthy celebrities benefited from the government’s Paycheck Protection Program (PPP) loans that were disbursed during the COVID-19 pandemic. The loans were mostly intended to marque tiny businesses clasp employees arsenic good arsenic prosecute backmost laid-off workers.
Rapper Jay-Z’s 2 firms, for example, received PPP loans. Champagne marque Armand De Brignac Holdings, successful which Jay-Z owns a 50 percent stake, received a indebtedness of $293,119, data from ...