Billionaire rapper Kanye West’s company has received a multimillion-dollar loan as part of the federal government’s coronavirus stimulus package, according to the U.S. Treasury.
West, who over the weekend declared his intent to run for president in November, received the money for his Delaware-established, California-based Yeezy LLC via the Paycheck Protection Program, which has provided economic relief during the ongoing pandemic.
The company, identified as a male-owned Black or African American business, is also listed in the Treasury’s log as a recipient of a loan worth between $2 million and $5 million. West is listed as its manager.
West’s loan poses major questions given his outspoken support for President Donald Trump.