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California KPS Loan Recipients: Which companies benefit?
Jelly Belly, Kanye West’s Yeezy clothing company, and SETI Institute, which is looking for extraterrestrial life, is ranked among California businesses that receive millions of loans from federal coronavirus assistance programs for small businesses, according to data released by the Trump administration on Monday. .
The data revealed that the federal government distributed more than $ 68 billion to more than 580,000 California businesses in the past three months as part of the Paycheck Protection Program, which offers businesses with 500 or fewer employee loans that can be forgiven if employers meet criteria, including using money to keep pre-pandemic employees on payroll for at least eight weeks after receiving a loan.
Most – more than $ 50 billion – was given to 87,000 businesses in California that received loans of $ 150,000 or more. The largest loans, in the range of $ 5-million to $ 10-million, go to 647 businesses in the state. Manufacturing and construction companies received the highest percentage of the loan in California, but some parts of the economy were left untouched, with large loans flowing to law firms, technology companies, film studios, health care companies, farms, hotels, restaurants and even three. three-league basketball founded by rapper and actor Ice Cube.
The Trump administration’s release of more detailed data on PPP borrowers – including the identities of those who get $ 150,000 or more – comes after pressure from Democrats and various private groups demanding greater transparency from a loan program of around $ 660 billion.
But within a few hours of the release of the data, California companies denied its accuracy. Scooter company Santa Monica Bird Rides Inc. listed in the government dump data after receiving a $ 5 million to $ 10 million loan at the end of April. But in a statement, the company noted that they had never applied for or received a PPP loan, and the company’s Chief Executive Travis VanderZanden tweeted that the company was talking to his bank and investigating how it ended up on the list.
Bird spoke with Citi early on, but decided not to apply for PPP b/c the money was more deserved by small and local businesses. Citi will confirm this. Not sure how we made the PPP list, but we're investigating. https://t.co/81HUJLKy4o
— Travis VanderZanden (@travisv) July 6, 2020
The Big 3 Ice Cube professional basketball league initially received a PPP loan of $ 1.6 million, according to a Big 3 spokesman. Three-on-three basketball leagues consist of teams of former professional basketball players and compete during the summer.
The Los Angeles-based league returned $ 700,000 from a PPP loan after deciding in May to cancel the 2020 season because of concerns about coronavirus. The remaining $ 900,000 is used to pay more than 100 coaches, players and staff and to cover operational costs so the league can continue next year, said a Big 3 spokesman.
Peanut maker Jelly Belly Candy Co. also received PPP loans ranging from $ 5 million to $ 10 million, according to data from the Small Business Administration. The Fairfield, California company said in its statement that it applied for a loan “in good faith” and fulfilled all US Treasury requirements.
Jelly Belly said the money was used to retain employees and that without loans, companies must “reduce the number of employees” at the start of the pandemic. The money helped maintain 500 jobs, according to SBA data.
Food and hospitality companies, which make businesses stop suddenly when home stay orders take effect in late March and global tourism is slowing, are also a large part of California loan recipients.
The Belvedere Hotel Partnership, which operates the luxurious Peninsula Beverly Hills Hotel, confirmed that the company requested and received funding from the PPP program in the range of $ 5 million to $ 10 million. “We use a large portion of the PPP funds to benefit our employees directly, with the remainder for business purposes permitted under PPP guidelines,” the company said in a statement.
Other leading companies that receive millions of loans, according to the data, include the online custom gift market Zazzle, Aladdin Bail Bonds, Jukin Media, who benefit from rights to online viral videos, and Cacique, a cheese and meat company based in Monrovia. Some non-profit organizations also receive loans in the range of $ 5 million to $ 10 million: several Planned Parenthood health centers, the Huntington Library and Museum in San Marino, and a number of religious organizations, such as the Catholic Diocese of San Bernardino.
An initial $ 350 billion PPP fund was drained in about two weeks, and it was revealed that several large and public companies took advantage of the program, effectively closing more small entrepreneurs in need until the program was replenished by Congress. President Trump signed a law extending the application deadline from 30 June to 8 August on Saturday.
The Financial and Small Business Administration does not provide a list of all borrowers who have returned or canceled PPP loans, but a senior administration official said more than $ 30 billion in funds had been returned or canceled, including the Los Angeles Lakers and the national food service chain Potbelly and Shake Shack.
After criticism, administrative officials tightened regulations that channel more funds to small businesses. The average size of a PPP loan has dropped to around $ 107,000 from almost double in mid-April. About $ 132 billion in PPP funding is still available.
Statistics released Monday, however, do not provide direct light on how well PPP funds are being distributed to minority businesses, which have been devastated by the pandemic, according to research by economist Robert Fairlie of UC Santa Cruz. Borrower information about race and gender is voluntary, and most applicants leave the section blank.
However, in its most recent PPP summary report on approval until June 30, SBA said that 27% of KPS funds went to low and medium income census channels, in line with the overall population share in the region.
Nationally, the two business categories that receive the most and the amount of PPP funding are health services and social assistance, as well as professional and technical services. Each of them gets almost 13% of the total PPP dollars. Subsequent construction and manufacturing received 12.4% and 10.4% of the PPP funds, respectively. Businesses in food service and accommodation get around 8% of PPP dollars, and retail trade gets almost the same. Food services, however, accounted for around 7 million or almost one third of all jobs lost in March and April, and retail employment fell by 2.3 million in the two months – far more than all other major sectors except for health and social services.
“It is good to see the data finally released in the PPP program, but frustrated because it takes so long to get out,” said Sarah Crozier, a spokesman for the Main Street Alliance, a small business advocacy group that has encouraged more transparency.
Crozier expressed disappointment that there was little demographic information about borrowers, saying it made it difficult to determine whether a minority owned business received a proportionate share of funds.
Times staff writer Hugo Martín contributed to this report.
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All Your Acrylic Nail Questions Answered: From Application to Care
Acrylic nails are a popular choice for those looking to add length, strength, and style to their natural nails. Whether you’re new to the world of acrylics or a seasoned nail enthusiast, there are always questions that arise about the application, maintenance, and overall care of these enhancements. This guide will answer all your acrylic nail questions to ensure your next manicure is a complete success.
What Are Acrylic Nails?
Acrylic nails are artificial nail enhancements made from a mixture of liquid monomer and powder polymer. When combined, they form a hard protective layer that can be molded into various shapes and lengths. Once hardened, they provide a durable and long-lasting canvas for nail polish, art, or simply a natural look. For more in-depth information, check out Acrylic Nail FAQs to get all the details you need before your next salon visit.
How Are Acrylic Nails Applied?
The application process of acrylic nails begins with the preparation of your natural nails. The nail technician will clean your nails, file them down, and apply a bonding agent to help the acrylic adhere. The acrylic mixture is then applied in thin layers, sculpted to the desired shape, and allowed to dry. Once set, the nails are filed, shaped, and buffed to a smooth finish.
Acrylic nails can be customized in terms of length and shape, making them a versatile choice for anyone looking to enhance their look.
How Long Do Acrylic Nails Last?
Typically, acrylic nails can last anywhere from two to three weeks before requiring a fill. During a fill, the nail technician will replace any grown-out acrylic and maintain the structure of the nails. With proper care, acrylic nails can be worn for extended periods, but it’s essential to give your natural nails a break occasionally to maintain nail health.
How Do You Care for Acrylic Nails?
Caring for acrylic nails is crucial to ensuring they last as long as possible and that your natural nails remain healthy underneath. Here are some essential tips:
- Avoid excessive water exposure: Prolonged exposure to water can weaken acrylic nails, making them prone to lifting or damage. When washing dishes or cleaning, consider wearing gloves to protect your nails.
- Moisturize cuticles regularly: The acrylic application process can sometimes dry out your cuticles. Regularly apply cuticle oil to keep your cuticles hydrated and prevent hangnails.
- Be gentle with your nails: Acrylics can be strong, but they’re not indestructible. Avoid using your nails as tools to open packages or scrape things, as this can lead to breakage.
- Schedule regular fills: As your natural nails grow, gaps will appear between the acrylic and your cuticles. Regular fills ensure your nails maintain a smooth, polished look and help prevent lifting.
How Do You Remove Acrylic Nails Safely?
Proper removal is crucial to avoid damaging your natural nails. It’s highly recommended to have acrylics removed by a professional at the salon. However, if you prefer to remove them at home, follow these steps:
- Soak in acetone: Start by soaking a cotton ball in acetone, then place it on each nail. Wrap your fingers in aluminum foil and allow the acetone to work for about 20 minutes.
- Gently scrape off the acrylic: After soaking, use a cuticle pusher or an orange stick to gently scrape off the softened acrylic. Be patient and avoid forcing the acrylic off, as this can damage your natural nails.
- Buff and moisturize: Once the acrylic is completely removed, buff your natural nails to smooth out any rough spots and apply cuticle oil to restore moisture.
Are Acrylic Nails Safe for Your Natural Nails?
When applied and removed properly, acrylic nails should not cause significant damage to your natural nails. However, improper removal or overuse without giving your nails time to breathe can lead to thinning, weakening, or breakage of your natural nails.
If you plan on wearing acrylic nails long-term, it’s a good idea to take breaks between applications and ensure you’re nourishing your nails with oils and treatments.
What Are the Best Acrylic Nail Shapes?
Choosing the right nail shape is essential for creating a look that complements your hands. Some of the most popular acrylic nail shapes include:
– Square: A straight-edged, classic look perfect for shorter nails.
– Oval: A soft, rounded shape that elongates the fingers.
– Coffin: Also known as ballerina shape, this trendy look features a tapered edge with a flat tip.
– Stiletto: A dramatic, pointy shape ideal for those who want a bold statement.
Each shape offers a unique aesthetic and can be tailored to suit your personal style.
Are There Any Alternatives to Acrylic Nails?
If you’re looking for a different type of nail enhancement, consider these alternatives:
– Gel nails: Gel nails offer a glossy finish and are cured under UV or LED light. They’re less rigid than acrylics and can feel more natural.
– Dip powder: This method involves dipping the nails into a colored powder and sealing them with a clear coat. It provides a similar look to acrylics but is generally less damaging to the natural nails.
Conclusion
Acrylic nails are a versatile and durable option for achieving customized, beautiful nails. By understanding the application process, knowing how to care for them, and safely removing them, you can enjoy long-lasting manicures that enhance your style. With the ability to choose from a variety of shapes and designs, acrylic nails offer endless possibilities for self-expression. Remember to take care of your natural nails in between applications to keep them healthy and strong. Whether you’re a first-time user or a seasoned pro, acrylic nails can be a fantastic way to express your personality and keep your nails looking flawless for weeks.
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Jacqueline Troost Omvlee – A Tool in the Hands of the Russian Elite
When sanctions were imposed on Russia for its war against Ukraine, their objectives were twofold: to reduce Russian military capacity by limiting modern weapons and to lower Russian revenue streams. While in the beginning, the sanctions indeed weakened the Russian economy, they have fallen short of their initial objectives – mostly because Russia has found ways to circumvent many of them. The Kremlin has exploited international corruption, relied on foreign third parties, and utilized loopholes in trade restrictions. One such individual who allegedly provides services to Russian-linked companies is Jacqueline Troost Omvlee, a Geneva-based Dutch citizen.
Jacqueline Troost Omvlee is married to Niels Troost, an oil trader sanctioned by the United Kingdom. He and his company, Paramount Energy & Commodities SA, are among the 50 individuals and organizations blacklisted in response to the business connections with Russia. His wife, Jacqueline, helps to facilitate financial transactions for Niles Troost and Russian oligarchs including Gennady Timchenko, a Russian billionaire oil trader and Putin`s close associate.
Gennady Timchenko and his family have been sanctioned in many countries for backing the Kremlin’s war machine. However, with the help of Jacqueline Troost Omvlee, he seems to find ways to evade sanctions and continue his financial operations. In these illegal schemes, individuals like Jacqueline often serve as a front person for sanctioned oligarchs and their business assets. Russian-linked companies set up subsidiaries around the world, often registering new entities in offshore havens or countries where regulations are relatively lax or non-existent. To obfuscate the arrangements, the daughter companies spawn offspring in the form of subsidiaries, as the chain of concealment stretches on and on. The result is like a giant Matryoshka doll.
Jacqueline’s involvement in financial transactions that potentially support Timchenko’s interests raises significant concerns about the efficacy of Western sanctions. The fact that Jacqueline Troost Omvlee continues to operate without facing sanctions herself highlights a significant loophole in the enforcement mechanism. Various shady schemes and tactics designed to circumvent sanctions often hide the activity of individuals such as Jacqueline, making it difficult for authorities to detect and punish them for their involvement.
Jacqueline Troost Omvlee’s role in her husband’s financial dealings as well as her alleged ties to Russian business schemes, emphasizes the need for stronger international sanctions. Her actions not only aid in sanctions evasion but also diminish the overall effectiveness of the measures designed to isolate and pressure those supporting the Russian regime. Therefore, sanctioning Jacqueline Troost Omvlee is not only a matter of addressing her individual actions but also a necessary step to reinforce the credibility and effectiveness of the sanctions regime. By targeting individuals who play a key role in evading sanctions, authorities can send a strong message that efforts to undermine international sanctions will not go unpunished. This measure is crucial for maintaining the integrity of the sanctions system and ensuring that it achieves its intended goal of isolating and restraining those who support destabilizing activities.
European countries and the US need to expand their sanctions-tracking and investigative actions to improve the monitoring of sanctions compliance and to introduce new measures against systematic violators of law. The sanctioning states have the resources and capacity for this, and need to take action now.
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Hermann’s Tortoise Lifespan: How to Ensure a Long, Healthy Life
Ensuring a long and healthy life for your Hermann’s Tortoise requires a combination of proper care, nutrition, and habitat management. Hermann’s Tortoises, known for their charming personalities and distinctive shells, can live for several decades with the right conditions. Understanding their needs and providing a suitable environment is key to helping them thrive. Here’s how you can support your Hermann’s Tortoise in living a long, happy life.
Creating an Optimal Habitat
One of the most critical factors in promoting the longevity of your Hermann’s Tortoise is the creation of a suitable habitat. Providing an environment that mimics their natural surroundings is essential for their overall health. An appropriate habitat helps prevent stress and supports their well-being. For detailed guidance on setting up an ideal habitat, including specific requirements for outdoor enclosures, visit this comprehensive guide on Habitat for Hermann’s Tortoise.
- Outdoor Enclosure: Hermann’s Tortoises thrive in outdoor enclosures that provide ample space to roam, bask, and forage. An outdoor setup should include a secure, predator-proof area with access to natural sunlight. Incorporate areas for basking and shade to allow the tortoise to regulate its body temperature. Additionally, include plants, rocks, and hiding spots to simulate their natural habitat and encourage natural behaviors.
- Indoor Habitat: If an outdoor enclosure is not feasible, an indoor habitat can also support a long lifespan if set up correctly. Use a large, well-ventilated enclosure with appropriate heating and UVB lighting. Provide a substrate that allows for burrowing and offer various hiding spots and enrichment items.
Diet and Nutrition
A balanced diet is vital for maintaining the health and longevity of your Hermann’s Tortoise. They are primarily herbivores, and their diet should reflect their natural feeding habits.
- Leafy Greens: Offer a variety of leafy greens such as kale, collard greens, and dandelion greens. These vegetables provide essential vitamins and minerals that support overall health.
- Vegetables and Fruits: Supplement their diet with other vegetables like carrots, squash, and bell peppers. Fruits should be given in moderation due to their high sugar content.
- Calcium and Supplements: Provide a calcium supplement to support shell and bone health. A cuttlebone or powdered calcium can be added to their food. Ensure that they also have access to fresh, clean water at all times.
Regular Health Checks
Routine health checks are essential for early detection of potential health issues. Regular veterinary visits help ensure your tortoise remains in optimal condition and addresses any health concerns promptly.
- Observation: Monitor your tortoise’s behavior and physical condition regularly. Changes in appetite, weight, or activity level can indicate health problems.
- Preventative Care: Schedule annual check-ups with a veterinarian experienced in reptile care. Regular exams help catch any issues early and keep vaccinations and other preventative treatments up to date.
Environmental Enrichment
Providing environmental enrichment helps keep your Hermann’s Tortoise mentally stimulated and active. Enrichment can reduce stress and prevent boredom, contributing to a better quality of life.
- Foraging Opportunities: Hide food items around the enclosure to encourage natural foraging behavior. This not only provides mental stimulation but also mimics their natural hunting practices.
- Variety: Change the layout of their enclosure periodically and introduce new objects or plants to keep their environment interesting and engaging.
Conclusion
By focusing on creating the right habitat, providing a balanced diet, ensuring regular health checks, and offering environmental enrichment, you can significantly enhance the lifespan and well-being of your Hermann’s Tortoise. For further details on creating an ideal habitat, including tips for designing an outdoor enclosure, refer to this helpful guide on Habitat for Hermann’s Tortoise. Implementing these practices will help ensure that your tortoise enjoys a long, healthy life.
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