Allison Baver accomplished one dream when she earned an Olympic short track speedskating medal. In October 2019, she set her sights on the film and television industry by incorporating her own production company. When the pandemic arrived months later, Baver was among the business owners who sought assistance from the Paycheck Protection Program, or PPP.
The Small Business Administration says the average PPP loan was $206,000. Allison Baver Entertainment received the maximum amount under the program — $10 million.
Why Baver Entertainment needed so much isn’t clear. Over email, Baver declined to answer questions from FOX 13 and said she was unavailable until late July. Neither Baver nor anyone associated with her company have been charged with any crimes.
On social media, Baver recently made posts saying she’s visiting film festivals and shooting locations.
According to data published by the Small Business Administration, which administers the PPP, Baver Entertainment said $8.6 million in assistance was for payroll. The company reported having 430 employees.
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