Kanye West receives multimillion-dollar small business loan

Kanye West’s brand Yeezy received a multimillion-dollar loan through the federal government’s Payment Protection Program (PPP), Fox News reported referring to data released by the Treasury Department on Monday.

The loan was worth between $2 and $5 million and is listed as saving 106 jobs.

PPP was founded in May to provide relief to small businesses with less than 500 employees.

The winner also announced on July 4 that he is running for president in 2020.

"We must now realize the promise of America by trusting God, unifying our vision and building our future," West tweeted.