Bachelor Nation Stars Under Fire For Getting PPP Loans During Pandemic
A few major Bachelor and Bachelorette stars are in the hot seat after it was revealed they received PPP loans for small businesses during the pandemic. A few of them have explained themselves while one is keeping quiet and other Bachelor Nation stars are voicing their opinions.
According to Page Six, The Bachelor and The Bachelorette stars Tayshia Adams, Colton Underwood, Dale Moss, Arie Luyendyk Jr. and his wife Lauren Burnham all received Paycheck Protection Program Loans. A few of them have addressed the concerns while others have kept silent.
Bachelor Nation Stars And PPP Loans
Many big names have been called out for taking advantage of the PP loans issued during the pandemic. Some have faced serious consequences for pocketing money meant for "employees" while others like Reese Witherspoon have proved they used funds to help their employees stay afloat during the lockdown.
Now Page Six revealed which Bachelor Nation stars received PPP loans themselves. Tayshia Adams reportedly received $20,833 and her rep came forward to address the funding. "As a business owner, television and podcast host, and brand ambassador, Tayshia obtained a PPP Loan that enabled her to hire an employee, to whom she offers market-based pay and benefits. Since exhausting the PPP Loan funds, but in light of the growing economy, Tayshia has committed to retaining her employee for the foreseeable future."
Colton Underwood received a smaller amount of $11,355 and he had a moving explanation. Colton posted to his Instagram saying, "Let me save you the click bait headline. My non-profit filed for a PPP because we cancelled our charity events for the year. We help people live with CF. I don't make a dime from my non-profit."
Colton's niece has cystic fibrosis and he has been raising thousands and thousands for research and help for others just like her. He also begged fans to "Please stop lumping me in with The Bachelor. I don't f*** with them anymore, they don't f*** with me. Point blank."
His rep confirmed, "none of the PPP went directly to Colton. In fact, Colton has never received any form of payment from the foundation, all of the proceeds go directly to people living with cystic fibrosis."
Arie Luyendyk Jr. and his wife Lauren Burnham also received over $20,000 using the name "Instagram Husband LLC" but it is unclear what it was used for. Clare Crawley's season winner and boyfriend Dale Moss was granted a $20,000 loan but it is also unclear what he used the funds for.
Bachelor Nation Members React
Other Bachelor Nation members chimed in with their own opinions about the situation. Successful former banker and The Bachelorette runner-up Jason Tartick has been explaining important financial information to fans on his podcast Trading Secrets so fans have been reaching out to hear his thoughts.
Jason gave a breakdown about what the PPP loans are, why BN stars may have used them, and why he himself chose not to apply. In his video on Instagram, he explained: "Today is an interesting day because my DM's are flooded. And not often are they flooded when financial stuff and Bachelor Nation stuff come together."
His caption read: "When PPP Loans meet Bachelor world… Here’s a breakdown of what a PPP loan is and what’s happening. While one absolutely can’t take into consideration each specific scenario, I give my general opinion…give me yours and ask any questions you may have below…"
Established BN star Nick Viall was, of course, one of the very first stars to post on social media about the controversy.
What's legal isn't always right. What's illegal isn't always wrong. Don't know everyone's situation, but my gut tells any alum applying for a PPP is both savvy and shitty. Interesting debate. https://t.co/D8adFojo41— Nick Viall (@viallnicholas28) June 28, 2021
We will have to wait and see which other BN members utilized the PPP's and if their reasoning was justified or not.