Tiny Red HandsBack

PPP Loans at Trump and Kushner Properties — Outcome

Date
2020-12-02
Entry type
audit-outcome
Current status
Outcome

Entities and roles

Money trail

  1. paymentPpp Property Address Loansmore than $3.65 million
    Paid by / source
    United States taxpayers
    Received by
    PPP borrowers at Trump or Kushner property addresses
    realized · 2020-12-02 · observedPopulation United States taxpayers; PPP borrowers at Trump or Kushner property addresses; PPP borrowers at Trump or Kushner property addressesPeriod 2020-04-03 to 2020-12-01Basis Use NBC/Telemundo's address match against SBA's loan-level disbursed-loan data; treat the reported sum as a lower bound.Limits Not a direct payment to property owners; forgiveness, rent use and pass-through benefit vary by borrower.Open cited evidence

Claims and evidence

  1. factreported

    NBC News analysis found more than 25 loans worth over $3.65 million to businesses at Trump and Kushner real-estate addresses.