Kolomoisky’s US companies received COVID-19 relief loans

The United States government gave $13.3 million dollars in loans intended to help businesses weather the COVID-19 pandemic to companies owned by Ukrainian oligarch Ihor Kolomoisky that were under investigation at the time, according to Radio Free Europe/Radio Liberty.

The U.S. Paycheck Protection Program (PPP) set aside $669 billion to help U.S. businesses and nonprofits keep paying employees during the economic downturn connected to the pandemic. More than 5 million businesses received the loans. Many are eligible for loan forgiveness.