Tom Brady's TB12 empire accepted up to $1 million in PPP loans

Rob Gronkowski to reunite with Tom Brady in Tampa Bay

The Tampa Bay Buccaneers are reportedly set to acquire tight end Rob Gronkowski from the New England Patriots, reuniting him with former teammate Tom Brady; Fox Sports lead college football analyst Joel Klatt reacts and previews the football season ahead.

Your tax dollars, hard at work.

In spite of the GOAT inking a two-year contract worth $50 million with the Buccaneers this offseason, Tom Brady’s business venture, TB12 Inc., has apparently experienced hardships due to the coronavirus pandemic and received up to $1 million in federal funding through the Paycheck Protection Program (PPP).

Exact loan amounts were not released, but businesses were stratified into tiers of $150,000 to $350,00, $350,000 to $1 million, $1 million to $2 million, $2 million to $5 million and $5 million to $10 million. TB12 Inc.’s application was approved on April 15, six days after the company announced plans to expand the TB12 presence in Tampa, New York and Los Angeles. The loan was categorized in the $350,000 to $1 million tier and was dispersed by Cambridge Savings Bank.

The Massachusetts-based brand sells supplements and merchandise online. It also has two brick-and-mortar locations — one in Patriot Place in Foxboro, and another in Boston’s tony Back Bay neighborhood — whose doors were shuttered temporarily during the shutdown.

Meanwhile, the 42-year-old Florida man has kept plenty busy by holding workouts with new teammates, golfing, breaking into homes and trespassing in Tampa parks. In May, Brady, a renowned advocate for natural and clean living, drew criticism for promoting Protect, a TB12 Sports product that is touted as an “immunity blend supplement” during a pandemic. The product retails for $45 dollars for a 30-day supply.

Brady and his wife Gisele have a combined net worth of nearly $600 million, according to Celebrity Net Worth.

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