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“The last thing I expected was people wanting me to buy more buildings,” said Ken Mattson, Sonoma Valley’s most prolific real estate buyer.
Unemployed Californians are left with no benefits as the EDD cuts off 350,000 claims suspected of fraud. ABC7's data analysis found one of the PlumpJack businesses, Villa Encinal Partners LP that received $918,720, got their loan approved on April 14. That's 11 days after the lending program launched. It took Field 90 days to get his roughly $40,000 loan approved. "It was nine months of attempt after attempt," he said. "I tried to apply through four different banks." Field got his application approved at the end of June. "It wasn't until that day, with two hours to spare, that we were finally...
$3 million meant for small business went to companies Newsom founded According to ABC News, at least eight companies partially owned by Gov. Gavin Newsom collectively received millions of dollars from the Paycheck Protection Program, according to an ABC7 analysis. This was money slated for small businesses suffering from the pandemic. Newly-released data by the SBA indicated PlumpJack businesses – including wineries, bars, and restaurants – received nearly $3 million altogether. In 2018, Gov. Newsom placed his ownership interests in the PlumpJack Group into a blind trust. This means he w...
Fox News Flash top headlines are here. Check out what's clicking on Foxnews.com. Several companies affiliated with one California Gov. Gavin Newsom founded 28 years ago received nearly $3 million in the coronavirus-related Paycheck Protection Program while other small businesses failed to receive funds, according to reports. The money from the Small Business Administration-run program was dispersed among nine businesses associated with PlumpJack, a wine business Newsom started in 1992. The governor put his business holdings in a blind trust before he took office in January 2019 and wouldn...
Nine companies affiliated with Gov. Gavin Newsom took the loans to help small businesses survive the pandemic. Newsom put his holdings into a blind trust and so would not have participated in the decision to obtain the loans.