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A three-Michelin star restaurant where California Governor Gavin Newsom was caught dining reportedly received $2.4 million in Paycheck Protection Programs (PPP) loans from the Small Business Administration (SBA). The French Laundry was located in Napa Valley that made the news after Newsom was busted in photos dining at the posh restaurant with a maskless group for a birthday party, as reported by The Blaze. It caused an uproar as Newsom was caught violating his own strict COVID-19 guidance. He then responded to the issue by saying that he should have modeled better and not joined the dinner. The restaurant s chef and proprietor, Thomas Keller, has once again made it to the headlines due to the amount of federal financial assistance the establishment received. ....
French Laundry Received $2.4M in PPP Loans, 17 Times What Most Bay Area Restaurants Got In another revelation from recently released data on the Paycheck Protection Program (PPP) from the Small Business Administration, the French Laundry received $2.4 million in two separate loans last spring, ostensibly to retain over 160 employees. ABC 7 reports that Thomas Keller s 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 and it s another example of a larger, wealthier business reaping stimulus benefits that many smaller businesses didn t have access to. ....