July 26, 2021

Jake Paul’s company took a PPP bailout loan for over $30,000 before the YouTuber’s summer pandemic partying

New data released by the Small Business Administration shows controversial YouTuber Jake Paul received a PPP bailout loan of $34,800 in April 2020.

The loan was accepted by Team 10, Inc., the content company Paul operates out of his $7 million mansion where he threw large parties in the weeks after receiving federal money.

Paul told Insider he wasn’t going to “sit around and not live [his] life” when asked about his large gatherings that violated local coronavirus guidelines. He also referred to the disease as a “hoax” in an interview with the Daily Beast, but later walked back his false claim.

Despite his poor record on COVID-19 safety and his statement that the pandemic was a “hoax,” controversial YouTuber and boxer Jake Paul accepted a $34,800 Paycheck Protection Program (PPP) bailout loan from the federal government in April.

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