From Second City Copper
You (and we) can't get a drink, a tan or a haircut, but guess who's getting "stimulus" money?
- Navy Pier Inc., the clout-heavy not-for-profit whose president is paid more than $540,000 a year, has received a nearly $2.5 million coronavirus stimulus loan from the federal government toward salaries and other expenses.
Facing what it says are losses of $10 million, Navy Pier Inc. says the loan from the U.S. Small Business Administration’s Payroll Protection Program will cover expenses and the salaries of 147 employees, some who have been “sidelined” since the pier was shut down in March by the COVID-19 pandemic.
The federal loan will be used to cover all salaries, including that of Marilyn Kelly