Tom Girardi’s law firm received PPP loan before bankruptcy
Real Housewives of Beverly Hills fans have learned that Tom Girardi’s former law firm received a PPP loan before filing for bankruptcy.
The Real Housewives of Beverly Hills viewers learned that Tom Girardi’s former law firm received a PPP loan before filing for bankruptcy. This news only fuels the fire for prosecutors who want to throw the book at the 82-year-old.
It’s not very good looking for Tom or Erika at this point. It was recently revealed that the Nice mess the singer would testify against her future ex-husband. While the two have been named in multiple lawsuits, Erika steps in to clear her name in exchange for testifying against Tom. The former lawyer was the subject of a lawsuit claiming he defrauded clients and did the same with investors and business partners. The Hulu documentary, The housewife and the con artist, bringing husband and wife legal issues to the fore, leaving fans wondering what the blonde knew.
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Public documents show that his law firm has been approved for a PPP loan worth an estimated $ 1.5 million. The application was approved just a year before he declared bankruptcy. For those who don’t know, the Paycheck Protection Program is a $ 953 billion business loan program established by the United States government in 2020.
Records show that Girardi & Keese got a loan of $ 1,503,000, which was supposed to be used for their payroll. The documents show that there were 84 jobs that needed to be paid. The government program was intended to help businesses struggling with COVID-19 to help pay their workers through the low-interest private loan. Bravo fans may recall that last December Robert Keese, who was Tom’s partner, sued him so he could dissolve their company, 1126 Wilshire Partnership.
So much has happened with Tom that it can be hard to keep up at times. Erika filed for divorce in November on election day in hopes he would be buried in the news. Then, in March, documents showed Tom owed his law firm $ 56.8 million. Currently, Erika has moved from her Pasadena mansion to a smaller mansion. She is also being watched like a hawk in the new season by lawyers to see if she spills any tea that might help their case.
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The Real Housewives of Beverly Hills airs Wednesday at 9 p.m. EST on Bravo.
Source: Public documents
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