Tampa Bay Buccaneers quarterback Tom Brady's company received a large Paycheck Protection Program (PPP) loan of nearly $1 million from the federal government.
The Small Business Administration published data in December detailing PPP loans, showing that TB12 received $960,855 on April 15, 2020. This was just six days after the company announced plans to expand their presence to Tampa, Los Angeles and New York.
Meanwhile, just over 50% of small businesses who applied for assistance reportedly did not get a PPP loan.
News broke in July regarding Brady's company receiving a PPP loan, but prior to the SBA's data, TB12 Inc.