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Transcripts For KGO ABC7 News 600PM 20240711

These companies have big time backers. The Plump Jack Group is home to a hand full of properties. On their website, youll find wineries, bars, restaurants, even a boutique hotel. Abc 7 niece brks krrks bc 7s a companies founded by gavin newsom got 3 million of ppp loans. Villa encinal partners. The name is traced back to the plump jack winery in np pa. Gordon getty is an investor. According to sba data, the Company Received a loan for more than 900,000 on april 14th, 2020. The sba expects 60 of the loan must be used towards payroll. Based on the data, which indicates this business retained 14 employees, if divided equally, each of them would have received around 40,000 to cover payroll. Over a period of three months. Hypothetically, that would amount to a salary of 160,000 per employee. Its unexpected for 14 Employee Organization to get nearly a Million Dollars. Reporter sean is a policy analyst for pogo. He specializes in tracking ppp funds. The purpose behind this program is to save,

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