Guns N ‘Roses, My Chem, Green Day and more receive PPP loans from the US government to support their crews – Kerrang!

A number of groups that have been forced to postpone or cancel tours amid the coronavirus pandemic have been granted PPP (Paycheck Protection Program) loans from the US government to support their crews and personnel.

The tastes of Guns N ‘Roses, My chemical romance, Green day, Pearl jam, Weezer, Noose, Disturbed and Tool all received federal funding according to reports.

Like most tours that took place this year, the My Chemical Romance World Tour has been canceled, ”says My Chem Rolling stone. MCR received PPP money to make sure their crew is funded in these uncertain times until we can get back on the road.

Read it: Counting the cost of the coronavirus on touring groups

We are very grateful to these skilled and dedicated people – some of them are parents, some are caretakers, some who just have rent to pay – and this money helps them take care of themselves – themselves and their families. “

the PPP provides much needed help to millions of small American businesses, supporting more than 51 million jobs and more 80 percent of all employees in small businesses, which are the engines of our country’s economic growth, ” mentionned Secretary Steven T. Mnuchin.

the PPP is a clear success for small businesses, especially for communities where these employers are the main job creators, ”added administrator Jovita Carranza. In three months, this administration was able to act quickly to put funds in the hands of those facing enormous obstacles as a result of the pandemic. Today’s data shows that small businesses of all types and industries have benefited from this unprecedented program. Jobs figures released last week strengthened PPP works by keeping employees on the payroll and supporting millions of small businesses during this time. ”

Across the pond, meanwhile, a UK government support package for £1.57billion was unveiled in July 6 to help protect the arts and culture industries.

Our arts and culture are the soul of our nation, ”said Culture Secretary Oliver Dowden. They make our country a great country and are the cornerstone of our world-renowned and rapidly growing creative industries. I understand the serious challenges facing the arts and we must protect and preserve all that we can for future generations.

Read it: What it was like playing a socially distant metal gig

Posted on July 9, 2020, 2:26 p.m.

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