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Insider: Jake Paul’s company took a PPP bailout loan for over $30,000 before the YouTuber’s summer pandemic partying
Despite his poor record on COVID-19 safety and his statement that the pandemic was a “hoax,” controversial YouTuber and boxer Jake Paul accepted a $34,800 Paycheck Protection Program (PPP) bailout loan from the federal government in April.
In a statement provided to Insider, Accountable.US attributed Paul’s PPP loan to “flaws in the program’s design and implementation” that allowed influencers to profit from the relief program while some small businesses were unable to secure loans, causing many to close their doors across the country.
“As small businesses struggled to stay afloat, the Trump administration let taxpayers bankroll Jake Paul and his social media squad to vlog and hang around their multi-million-dollar Calabasas house,” Accountable.US President Kyle Herrig said in a statement.