Tom Brady, one of many celebs to receive PPP loans, should return his, the petition said – East Bay Times

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After winning his seventh Super Bowl, Tom Brady should be magnanimous and return the $ 960,855 Paycheck Protection Program loan his sports performance and nutrition company received to help him survive the COVID-19 pandemic, according to the US a new petition from Change.org.

the petition has so far collected more than 142,000 signatures. The Massachusetts-based writer admitted that Brady deserves all of the fortunes he’s amassed during his NFL career, but the petition said Brady shouldn’t have accepted the PPP loan that the federal government was drafting for Help troubled small businesses meanwhile workers hold pandemic lockdowns.

“By accepting this money, he is playing the government no better than any crook would play a person on the street,” the petition says.

The Tampa Bay Buccaneers quarterback reportedly made up to $ 350 million during his NFL career and accepted a two-year deal for $ 50 million when he signed with the Buccaneers last March. CNBC reported. His supermodel wife Gisele Bündchen reportedly has a net worth of $ 400 million.

“In times like these, in 2020 as a whole, we see the true nature of people,” says the petition. “The side we see of this couple is one of sheer greed and the total absence of what the common American is going through right now.

Brady, who won six Super Bowls for the New England Patriots, founded his Massachusetts-based company TB12 Inc Trillion CARES Act in 2013, which was passed by Congress and the Trump administration, CNBC reported.

TB12 did not respond to a request for information about how it was affected by the pandemic or how many jobs the loan has saved, CNBC reported. TB12 sells nutritional supplements, downloadable fitness programs, and Brady-related memorabilia.

Brady certainly isn’t the only one among celebrities or other wealthy and well-connected people to receive PPP loans last spring, while reports of small businesses hit hard and being banned from the program abounded.

The most notorious case involved Rapper and fashion mogul Kanye West, who received millions in PPP loans for his Yeezy clothing line shortly after declaring himself a billionaire, signed a 10-year partnership with Gap, and plans to build a 52,000-square-foot mansion on his Wyoming ranch Stock exchange went.

To to Yahoo News, Other controversial PPP loan recipients include rock band Pearl Jam, who said they would use their loan of up to $ 1 million to pay employees for their touring company; three branches of the controversial Church of Scientology; Chapter of Soho House, the posh club for private members that has received up to $ 22 million in loans; a company run by the family of former Secretary of Transportation Elaine Chao, who is married to Senate Majority Leader Mitch McConnell; and a company in which Nancy Pelosi’s husband Paul Pelosi owns 8.1 percent of the shares.

Various companies affiliated with former President Donald Trump or his family have also received PPP loans, Yahoo News said. These include several businesses associated with Jared Kushner and Ivanka Trump, such as the Observer, a media company for which Kushner was once responsible. Companies affiliated with Thrive Capitol, a venture capital firm led by Joshua Kushner, Jared Kushner’s younger brother, have also received up to $ 2.8 million in loans. reported the New York Post.

Whether Kanye West, the Kushner brothers, or other famous PPP recipients will also be targeted by petitions asking them to repay their loans remains to be seen.

The Brady petition said that if TB12 fails to repay the money, the quarterback should donate an equal amount to troubled local small businesses that did not benefit from the program.

“Tom Brady has to do the right thing, not just by my standards, but by the standards everyone has. The people who should get help are the people who actually need help. Not the people who hoard and want to suffer for others, ”said the petition.

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