Pearl Jam, Guns N’ Roses, Eagles and Green Day received PPP loans from US government
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nme.comThe Eagles, Pearl Jam, Guns N’ Roses and Green Day are among the bands who have received PPP loans from the US federal government’s Paycheck Protection Program during the coronavirus crisis.As Rolling Stone reports, data from the Small Business Administration and Treasury Department confirms that the the money will go towards supporting and retaining the artists’ crews and staff during the ongoing crisis.The Eagles’ loan has been listed under their touring company and will help save 50 jobs.Larger loans — amounts between $350,000 and $1 million—were received by the Eagles, Pearl Jam, and Disturbed.From the 660,000 recipients, it’s believed that over 40 musicians and bands received loans for over $150,000, including Weezer, Jason Isbell,.
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