Many people, including famous celebrities are afflicted by the midst of a pandemic or lockdown. All were locked in their homes, there was no working, no trips Nothing was allowed. This led to the fact that hundreds of people lost their jobs. In the aftermath, even people who had good earnings suffered financially.

Let’s see who are the Celebrities That Got Ppp Loanin the United States .

What is PPP Loan mean?

The PPP in its entirety refers to it is the Paycheck Protection Program provided by the United Statesfederal government during the 2020 pandemic. It is the PPP Loan program introduced with a massive amount of $953 billion.

It was made available to those who have profiles such as Self-employed, Business, Non-profit organisations (certain) as well as sole proprietors and other regulated companies as part of the Coronavirus Aid relief and economic-security Act.

Businesses are able to borrow money to cover their payroll as well as other obligations under The Paycheck Protection Program. The amount of a PPP loan is roughly 2.5 times the annual payroll costs.

To get more details about the celebrities with Ppp loans read on.

More details

There are some exceptional situations where another draw is permitted, in the same amount as the first. With the funds you receive borrowed you may be able to pay your salary rent, interest, and utility bills.

The main purpose of this loan program was to make sure that small businesses with no capital gain funding to survive the Covid-19 epidemic. In addition, to help people or workers who are in these difficult situations.

The cancellation of debt is usually classified as taxable income, however, it is it is not the same as the repayment of an PPP loan. Businesses that incur expenses that result in debt forgiveness may be taken out of taxable income.

Celebrities That Got Ppp Loan

Here’s a list of famous people who have taken PPP loans in the following times:

  • Khloe Kardashianis a reality television star She is a recipient from the PPP loan program, and has was awarded $1 million.
  • Reese Witherspoon is an actress and owner of a clothing line, and she has been granted a loan amount of about 350,000 dollars.
  • Kanye Westreceived more than $2 million in amount of the loan. He is a popular singer and has a clothing and footwear brand.
  • Rapper Jay-Zis claimed that he received $2.1 million from a business which he didn’t directly possess, but had some legal documents to demonstrate his ownership.
  • A few of the famous people who received a PPP loanis Chris Harrison, a reality TV actor. He is the owner of Manly Bands, got a PPP loan of $173,287.
  • Ryan Gosling is another actor who was awarded an approximate. $21,599 in approved loan amount.

There are many more famous people who aren’t listed in the list above.


Numerous celebrities have definitely had many celebrities have received the PPP loan. Some have sole proprietorships as well as some with companies. We aren’t certain if they’re eligible and worthy beneficiaries of the loan as the reason for it was offer it to companies in need.