LINCOLN, Neb. (AP) — Sixteen businesses associated with gubernatorial candidate Republican Jim Pillen received about $7.8 million in federal loans during the pandemic and later returned over $5 million of that.
The loans were part of the Paycheck Protection Program that was created to help businesses during the coronavirus pandemic.
The Omaha World-Herald reports that 114,684 loans worth a total of $5.39 billion were granted to Nebraska businesses.
Sarah Pillen, who is co-CEO of the Columbus-based company, said the loans helped the business keep employees at a time when the spread of the virus disrupted the meatpacking industry.