Millions in fed aid to Jared’s kin, Don firm

The Trump administration funneled millions of dollars in coronavirus aid to companies with potential conflicts of interests, including some owned by Jared Kushner’s family and others housed in buildings operated by the president’s real estate company, according to records made public Monday.

The records, which were released by the Small Business Administration, cover all loans greater than $150,000 awarded under the so-called Paycheck Protection Program (PPP). As part of coronavirus stimulus measures, the PPP has issued more than half a billion dollars in loans that are forgivable as long as recipients use most of the funds to maintain payroll or cover rent and other expenses.

Plenty of companies with ties to President Trump and his family were eager to reap the PPP benefits, the new records show.

Observer Holdings LLC, the parent company of Kushner’s former publishing company, Observer Media, received $350,000 in

PPP cash, according to the records.

Kushner (inset) no longer owns the company, but his sister’s husband, Joseph Meyer, counts it as part of his investment firm, Observer Capital, according to public records.

Princeton Forrestal LLC and Esplanade Livingston LLC, a couple of holding companies owned partially by Kushner’s father, mother, brother and sister, pocketed between $1.35 million and $3 million in PPP funds collectively, the records show.

The exact amount the Kushner-tied LLCs received isn’t available as the Small Business Administration records only provide ranges for amounts larger than $1 million.

The Kushner connections were first reported by The Daily Beast.

The Trump Organization, the president’s namesake real estate empire, saw 22 tenants at its 40 Wall Street building in lower Manhattan receive PPP loans totaling at least $16.6 million, according to the records.