If there’s one good thing to come out of this coronavirus situation it’s knowing that no matter how bad things get, our government has done everything in its power to provide society’s most vulnerable, you know, Instagram inflencers and the like, with a safety net in #TheseUncertainTimes. According to Page Six, fashion brand Something Navy received $350,000 PPP loan which might help make up for the damage done to its reputation when founder Arielle Charnas packed up her family (including the nanny) and ran off to the Hamptons after her rich-lady backdoor COVID-19 test came back positive. All of which she documented on social media like she really did something, when all she really did was piss off a whole lot of people and earn the distinction of becoming the “poster child for what not to do in a pandemic.” So naturally the government gave her many handfuls of cash.
According to Page Six:
Charnas — who has 1.3 million followers on Instagram — was due to relaunch her brand in March, but it was delayed by the pandemic.
But somehow she managed to get to the front of the line for the Paycheck Protection Program — forgivable loans of public money to small businesses to keep their workers on the payroll — and got a loan of $150,000 to $350,000 through JPMorgan Chase on April 13, 10 days after the program launched. The loan was made to Something Navy, registered to her home address on East 21st Street. In her application, she said she retained 25 employees.
CNBC reported that a recent funding round for the brand valued it at $45 million. Charnas herself is said to be worth about $2.5 million.
Arielle has wisely set her Instagram account to private, but here’s an example of the important business they conduct over at Something Navy to take the sting out of what looks on the surface to be an outrageous waste of resources that Arielle gained from the privilege of knowing the right people.
Oh my God, so cute right?!?!!? Good thing it comes in black so I can wear it to America’s funeral (sponsored by Zoom).