Kanye West’s Yeezy label received millions in small-business loans
Kanye West’s Yeezy attire brand gained as a great deal as $5 million in modest-business loans from the federal govt, a new disclosure shows.
The style line bought in between $2 million and $5 million from the Trump administration’s $660 billion Paycheck Safety Software, according to the SBA.
Yeezy, which is described as a “Black” business on the kind, saved 106 employment with the personal loan that was permitted on April thirteen.
The disclosure comes just days after West declared a operate for president, and two weeks after the rapper confirmed a shock collaboration in between Yeezy and Gap that sent Gap shares soaring as a great deal as 43 per cent.
Yeezy also has a wildly profitable footwear partnership with Adidas.
A representative for Yeezy did not react to The Post’s request for remark.