had initially gotten loans set off a furor in April, prompting the administration to warn companies to make sure they qualified for the program.has said that the program wasn't for companies that could reasonably tap other forms of capital, from equity markets to bank credit lines.
The Nobu group appears to be one of the bigger beneficiaries of the program, getting at least $11 million and as much as $28 million. The disclosures give a range for the loan sizes, making a precise tally impossible. The New York Business Development Corporation was listed as the bank that processed the loans.broad nature
of the $660 billion PPP effort, comes after Mnuchin initially resisted calls to disclose recipients in the program, saying that the information was "proprietary." Since it began in April, the effort has drawn attention, first for technical issues amid a mad scramble for access, and later when it was revealed that big companies took advantage of the emergency aid.
The administration eventually relented, saying it would disclose the identities of companies that received at least $150,000 in the program. While those bigger loans account for the majority of total dollars in the program, more than 85% of the loan participants requested less than $150,000, effectively shielding those companies from scrutiny.
Other recipients of multimillion-dollar loans included franchisees of chains including P.F. Chang's, Five Guys hamburgers and Cajun-chicken fried chicken restaurant Bojangles'. Australian-inspired cafe business Bluestone Lane was awarded a loan worth between $5 million and $10 million.and Wendy's appeared throughout the massive list and in some cases secured loans north of $150,000.
when is the last time you dined in for sushi?
Good
He must have 14 locations, employing less than 500 employees at each location. I don't have a problem with this. I have issues with Kushner and Mitch's wife getting our tax dollars.
Not cool and surprised R. Deniro would/might be involved- so disappointing.
De Niro is sucking on D’s nuts.
Was it illegal?
PaulSorrentino3 Socialism for the rich, rugged individualism for the poor.
He who HATES Trump the most 😅😆👽
Good. Restaurants and smaller retailers/ services are the ones that should get it!
So did jimcramer. Why are you not talking about him?
Investigate their asses.
The rich get richer and the poor get poorer.
I believe many more restaurants would have temporary outdoor dining/seating if they weren’t just closed, sitting on PPP. Even outside of malls etc.
So?
They employ a ton of people and are in an industry heavily hit by covid. They are who ppp was meant for
Guess the investors & owners didn't want to use their own money. Just like Trump's thugs. stevenmnuchin1 even got money for some of his businesses.
Have they kept their employees on the payroll?
They should, bankruptcy without them
DiNiro is an investor in the luxury restaurant chain. He didn't take out the loan.
WHAT 😳
Disappointing. Not a good look
Wow...and im still trying to get a loan for mine
Obscene
What, no cigar? Slacker.
That's a bunch of bull that Nobu got money
Disgusting!!!! but who is surprised by this
I hate finding stuff out like this. There's no good rich people
De Niro needs a divorce bailout
That’s beyond outrageous. While people are getting in line for food those rich bastards are laughing all the way to the bank.
Nobu restaurants & the elites that patronize them are all SCUMBAGS. Shame on them for skimming $ 28 million tax payer dollars.
JoshNBCNews Thought PPP was supposed to get $ to those who had no other financial resource. Huge restaurants owned by well off folks throws into question TooSmallToFail & it's lobbying efforts w/ SpeakerPelosi for more $ for restaurants. People won't be able to pay rent for their HOMES.
I wonder what percentage is owned by De Niro. I’ll bet around 10%.
Restaurants were forced to close for months. If he kept paying his employees i don’t see a single problem with this
Fuck NobuWorldwide
And he's still crying about it?
Well, who didn't take PPP loans?
Smart
And his ex wife has a $50,000 a month Amex card allowance from De Niro. Guess who is paying for it...
Ridiculous..
Meanwhile, how many millions of families are about to be on streets, because government is bullshitting taxpayer’s monies? senatemajldr realDonaldTrump HouseGOP stevenmnuchin1 . I hope everyone of you are out come Nov.3rd. Failed corrupt government at its best
Nobusted
booby's a fool, just because he portrays crooks so much, he thought he'd give it a try for real. least of his worries though. be interesting when ghislane maxwell starts dropping dimes
Good job Punchy!
That’s disturbing.
Need to go to jail
Just an actor...
Good for them smart move
DeNiro speaks out of both sides of his mouth🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲
Hi CNBC, I've got a tidbit for you, if interested. David Fischer, Ambassador of Morocco, owner of SubCollection received up to $41 million. He was also caught dumping stock, which you reported on July 2.
Why is this news? Millions of companies got money, why is Nobu singled out?
Yes. They feed people. And pay taxes. Unlike mega churches.
This fuck Deniro goes out of his way to bash realDonaldTrump meanwhile he’s taking $28mil away from small business owners who some have lost their entire livelihood due to this pandemic. Keep falling for Hollywood bullshit people, these people are the worst
I'd say I'd boycott nobu, but i'd need to get a PPP loan to eat there regularly lol.
It cannot be due to his friendship with trump so it must be legit.
Nothing wrong with that, that’s why program was put in place
Good. That’s what the loans are for.
How can he get 14 loans? Our company only got one
Terrible
Deniro ----Has Been Fcktard
So what ? That’s what the money is for
I am very surprised he would take Trump money on principle. He is a major critic but business changes one`s outlook
😡😡😡😡
Big mouth took my money 💰 Friggen actors
People blame businesses instead of the government. It’s not like businesses stole it, they were just handed free money by Mnuchin and the FED. I got a 10k forgivable “loan” just because I have a business account on paper with zero revenue.
Your welcome punchy
If they used it to keep their payroll, good for them and their employees.
Rich get richer. Hard working people like us struggle. Awesome
lost respect for de niro
I guess Dinero’s hate towards Trump only goes so far. Trump’s money is good enough to put in your pocket. Lead by example eh Bob?
zerohedge
APompliano
the rock shrimp is pretty fire tho
MidwinCharles The rich get richer
Why is this an issue? They were forced to close by the government. They didn’t close by choice.
They should be made to give it back!
All while most working class Americans are barely holding on. The rich keep getting richer. 90% of America can’t even afford to dine at Nobu. Our government is not for the people.
I think it's discusting & the government needs to rescind the loan
A guy who hates Trump and bashes him publicly - taking money from his Administration program. What a hypocrite. Or is he just like Trump a phoney fraud using his name to push crappy food?
So did Jared Kushner's family. Where that article?
On top of everyone robbing the PPP loan program blind, hypocritical fake liberal $500 million net worth actors have no problem not practicing anything they preach. Pure scum.
Robert is such a schmuck.
Capitalism 🤣😂🤣😂
Well, he has been a lot less vocal lately
Yep, pretty sure I'm the only schmuck who didn't take a PPP Loan.
Hmm. Seems fishy
Tuna is very expensive!!
NO SURPRISE AT ALL
cheaters
He is worth 500 million how is this right? Small businesses across this country are going under. This is the fault of out inept Congress/Senate. They are borrowing money we don't have and are not even being careful about how it's disbursed. They all need to go. TermLimits
Bad form. $28 mil when your personal wealth is $1 Bil.. taking the piss.. give it back. Good actor but don’t be a greedy bastard.
RDN hates Trump n how’d he get approved? The process truly is blind
GisiAnthony Who would've thought , once an actor always an actor. He's not a lefty , it's all for show and browny points from the leftist crowd. Oh, he frequented Epsteins pedo island. Ghislaine has the videos, and the recordings.
What a POS
How did that happen?
Bastard, or BasTurd! He's a joke!
Yup. Same arse who is worth 500mm and pontificates about income inequality, equal pay, the & “2k/month” universal wage, etc What a loser
Dirt bag!!
Of course he did, typical leftie hypocrite!!
Hollywood Hypocrite
the celebrity chef and owner of the restaurant chain — has a net worth of $200 million. Meanwhile, Robert De Niro — who co-founded it — is worth an estimated $500 million.
Basic Democrat free money first inline. All he is an entertaining monkey but the monkey is smarter
Not surprising in the least, liberals are raging hypocrites.
Hypocrite
Like this surprises anyone, De Niro is a straight up G!
See Robert DeNiro is a scumbag but everybody knew that already.
Doesn’t Surprise me at All!! Talk shit about realDonaldTrump. Then turn around and BORROW 28 MILLION DOLLARS FROM HIS ADMINISTRATION!! What a HYPOCRITE he is!! Makes me SICK!! Lying 2 FACE POS!!
This is obviously realDonaldTrump ‘s fault
Hates Trump but takes nearly 30 million from him. Liberal logic. And who the $& needs Nobu to stay open? What about regular mom and pop restaurants that serve real Americans. LiberalHyprocrisy LiberalismIsAMentalDisorder nobu
LiberalHyprocrisy
Liberal Hollywood Hypocrite. DeNiro, what do you know about pedophilia amongst the elites? What about your problem in France?
Scumbags
DeNiro is useless garbage and a washed up actor. He is a sellout to our country. boycottanythingdeniro
This guy...
Tsk tsk
Wonder if it eats at him?
Most business owners that applied for the support received it. Nothing to see here...
Wow
Bobby come on...dont you have enough...gezzzz
Another trump idiot getting all the money
G That’s worse than the Lakers.
What’s the problem here? So we’re loan shaming now? We’re all struggling here, I can’t even begin to imagine how restaurants are doing.
what's with the PPP shaming? Of course they did. oh what - DeNiro is supposed to what? sell his house and pay all the staff for a year? ya. if you own a restaurant - you apply for PPP.
Trump fall guy Cramer got several million from the PPP after critiquing the governments plan and roll out. If CNBC doesn’t cut him now they should lose their license. So awful.
CNBC aka Fox News
Nobody cares! Bronx tale!
This is the only establishment that should survive the decade
Thats fantastic. I hope we keep this level of journalism to find out if they end up supporting the industry of their workers or if they just cash out?
Wasnt the program ment for this?
This sh*thead is exactly what's wrong with the hollywood elitists! May he become one of the poor!!!
You know who we else got loans? The President's son-in-laws companies, ones who were pushing to evict people during the crisis.
Fuck NobuWorldwide
Is he a pro-Trump guy? LOL
commie socialist welfare baby fake fraudster hypocrite
Selective Release of Information: bias algorithm? what rubric determined disclosure?
Yay
Outrageous! Tax money to movie stars?! PPP
We all knew De Niro had become trash. This is a new low for him.
DeNiro the hypocrite.
Restaurants were forced to close. The program was intended for businesses like restaurants. Cry more idiots
DeNiro said he would leave U.S. if Trump got elected POTUS now he's taking money from Trump administration? says it all
Trump calls it SMART
Douche Bag hypocrite
interesting
This makes more sense than the Ayn Rand Institute at least.
Remember one thing always... leftists are the do as I say, not as I do people.
Another hypocrite.
Have you ever been to Nobu?
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