GOP candidates Herbster, Thibodeau got pandemic relief loans | Regional Government

The federal PPP loans have been created to assist small companies and nonprofits climate the financial storms created by the COVID-19 pandemic. Nebraska entities bought 114,684 PPP loans throughout two rounds in 2020 and 2021. Statewide, the loans totaled $5.39 billion.

The Conklin mortgage was not a part of the Nebraska whole and was not included in a World-Herald evaluation of Nebraska loans. It was the one PPP mortgage to a Herbster-related entity.

Two different GOP gubernatorial contenders additionally obtained PPP loans.

College of Nebraska Regent Jim Pillen bought pandemic loans totaling $7.eight million for 16 companies affiliated together with his Columbus-based Pillen Household Farms. These loans additionally have been forgiven; nevertheless, Sarah Pillen, co-CEO of Pillen Household Farms, stated the companies later returned $5.08 million of the loans.

Former Sen. Theresa Thibodeau, the latest entrant within the race, bought two loans totaling $440,745 for her company, Anjoel. The corporate operated her day care enterprise, the Primrose College of La Vista. She has since bought the day care.

Thibodeau stated in an e-mail that she used 100% of the PPP cash for payroll, which far exceeded her whole mortgage quantity.

Scholar enrollment was decreased 50% due to pandemic restrictions, Thibodeau stated, including that she didn’t cost tuition for kids who might now not attend. Equally, she didn’t cost tuition when school rooms needed to quarantine due to a constructive COVID-19 case, she stated.