Dr. Phil’s Production Company Received $7M in PPP Loans
The government is helping small businesses through their paycheck protection program, but some not so small businesses are receiving large lump sums.
Dr. Phil’s production company received up to $7 million from the PPP. His other company, Peteski Productions, received between $2 million and $5 million in government loans.
On that same day, the talk show host’s son, Jordan, splurged $10 million in a 6,500-square-foot mansion.
The home and loan aren’t connected but it was an eyebrow raiser that Dr. Phil’s company requested cash. But they claim it was to protect their employees.
Dr. Phil recently apologized for questioning why a lockdown was necessary but “we don’t shut the country down” for deaths from car accidents and swimming pools.