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Pillen businesses returned bulk of $7 million in pandemic loans | Local Business News

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Former Husker and current UNL Regent Jim Pillen will run for governor.







LINCOLN — Farms and businesses associated with Republican gubernatorial candidate Jim Pillen received federally funded pandemic loans totaling $7.8 million last year — about $5 million of which was returned to the government.

The loans were provided through the Paycheck Protection Program, a federal program created to help farms, ranches, small businesses and nonprofits weather the economic storms created by the COVID-19 pandemic.

All told, Nebraska entities got 114,684 PPP loans during two five-month periods in 2020 and 2021. Statewide, the loans totaled $5.39 billion.

Sixteen businesses affiliated with the Columbus-based Pillen Family Farms got loans to support…

Click here for full article…journalstar.com