LOS ANGELES: Ventures backed by big-name entertainers Kanye West and Francis Ford Coppola were among those approved for loans under a U.S.
government program to help businesses survive the coronavirus pandemic, according to a list released on Monday.Billionaire rapper West's clothing brand Yeezy received clearance for a loan of between $2 million and $5 million under the Paycheck Protection Program, the U.S.
Small Business Administration said.The company said the loan would save 160 jobs, according to the SBA.The PPP was established to aid workers at companies and nonprofits with fewer than 500 employees hurt by closures and other measures meant to slow the spread of the novel coronavirus.