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Not only did the French Laundry restaurant play host to Newsom's non-lockdown gathering, it also received $2.4 million in PPP loans

Posted By: NaturalWisdom
Date: Thursday, 17-Dec-2020 15:27:03
www.rumormill.news/160774

It certainly pays to have the right connections. You don't receive the same perks if you are a mom-and-pop restaurant operating on a shoestring budget...
-NW

Upscale CA Restaurant Where Gov. Newsom Violated Lockdown Rules Got $2.4 Million in PPP Loans
Penny Starr | Breitbart
Dec 17, 2020

[snip]

French Laundry, an upscale restaurant in Napa, California, where Democrat Gov. Gavin Newsom was caught violating his own coronavirus lockdown rules, got more than $2.4 million in loans from the Small Business Administrationís Paycheck Protection Program.

The loans were reportedly used to retain the restaurantís 160 employees.

The SFist website reported on SBAís release of data on the program, created when Congress passed the Cares Act in the Spring:


ABC 7 reports that Thomas Kellerís flagship restaurant in Yountville had two loan approved on April 30, one for $2.2 million to retain 163 employees, and another for around $200,000 to retain five other employees. That amounts to about 17 times more federal money that the average Bay Are restaurant received ó and itís another example of a larger, wealthier business reaping stimulus benefits that many smaller businesses didnít have access to.

The lack of equity in how these federal stimulus funds were distributed is becoming more and more glaring as we close out a year in which thousands of independent restaurants across the country have gone under. Last week we learned that companies tied to Governor Gavin Newsom and his family received $2.9 million in PPP funds, and two weeks ago we first learned that big chain restaurants like P.F. Changís and TGI Fridayís received the maximum-sized loans available, which were $10 million.


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