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REPORT: Companies Partially Owned by CA Gov. Newsom Received Millions in COVID Loans

Charlie Kirk Staff

12/10/2020

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REPORT: Companies Partially Owned by CA Gov. Newsom Received Millions in COVID Loans

Numerous companies partially owned by California Governor Gavin Newsom reportedly received nearly $3 million in Paycheck Protection Program loans, according to ABC7.

The loans were given to PlumpJack Group—a hospitality company comprised of bars, restaurants and hotels that Newsom founded in 1992.

ABC 7 Reports:

While data released by the Small Business Administration earlier this year showed the PlumpJack Group received up to $350,000 worth of PPP loans, newly-released data by the SBA indicated PlumpJack businesses – including wineries, bars, and restaurants – received more than eight times that amount at nearly $3 million altogether.

In 2018, Gov. Newsom placed his ownership interests in the PlumpJack Group into a blind trust. This means he would have no knowledge or role in the company’s business decisions made during his time in office.

ABC said it “discovered discrepancies” which “appear to raise questions” about the amount of relief that was delivered to the PlumpJack Group.

Read the explosive story HERE.

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Charlie Kirk is the Founder and President of Turning Point USA, a national student movement dedicated to empowering young people to promote the principles of free markets and limited government.

Charlie is also the host of “The Charlie Kirk Show” podcast, which regularly ranks among the top-10 news shows on Apple podcast news charts, and is the host of the nationally syndicated daily radio show on the Salem Radio Network live from 12 - 3 PM ET.
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