White House Records
July 09, 2020

The US government loans money to Pearl Jam, Eagles, Tool, Sub Pop, Third Man Records...

Some of the biggest acts in music - including Eagles, Pearl Jam, Guns N’ Roses, Green Day, Tool, Nickelback, Imagine Dragons, Weezer, Chainsmokers, and Chris Stapleton - have received funding from the US government to support their crews for any current and future tours postponed due to coronavirus. The Eagles, Pearl Jam and Disturbed took out some of the larger loans among the listed touring musicians, being granted somewhere between $350,000 and $1 million, Rolling Stone reports. American government helped some small labels as well - Sub Pop Records, Third Man Records, and Knitting Factory Records each received a minimum of $350,000. J. Cole’s Dreamville Records, Light in the Attic, ATO Records, Dim Mak, Rostrum, Cleopatra, and Stones Throw Records each received at least $150,000, Pitchfork reports.