Burning Man, Bird, Andreessen Horowitz, and Yeezy: These startups and tech companies received coronavirus paycheck loans

• The Trump administration on Monday released a list of the companies that received the largest sums of money distributed through the Paycheck Protection Program, a stimulus for businesses set up to combat economic fallout from the COVID-19 pandemic.
• A number of tech companies and Silicon Valley venture firms were among the recipients, including Andreessen Horowitz, the Burning Man festival, Bird, Eat Club, and Enjoy.
• The PPP loans are meant to enable businesses to continue paying staff even as their revenue takes a hit amid the COVID-19 pandemic.
• The Trump administration declined to release the specific loan amounts that each business received, instead giving only a range.

The Trump administration has released new information on the businesses that received federal loans to withstand the economic toll of the COVID-19 pandemic — and several Silicon Valley companies are among the recipients.

Federal officials said the loans supported over 51 million jobs nationwide, comprising over $521 billion total. The biggest industry to benefit from the loans was healthcare, which received 12.9% of the money, while 12.7% went to businesses classified as "professional and technical services," according to the disclosure.

Some criticized the Small Business Administration — which administers the loans — for providing money to large, well-funded companies. More than $1 billion of the loans went to publicly-traded companies, The Washington Post reported in May.

Here are some of the notable tech companies and VC firms that were awarded loans. The full data is available on the Treasury Department's website here. The documents disclose the range, not the specific amount, of the loan awarded, as well as the number of employees listed on each company's application.

E-scooter startup Bird received between $5 million and $10 million to retain 341 jobs.

Sharable electric scooters by Bird Rides, Inc. wait on downtown sidewalks for pedestrian use, Wednesday, Oct. 2, 2019, in downtown Cincinnati.      John Minchillo/AP

Catering startup EAT Club was awarded between $5 million and $10 million to retain 500 jobs.

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E-commerce startup Enjoy received between $5 million and $10 million to retain 500 jobs.

Enjoy was founded by former Apple VP of retail operations, Ron Johnson.      Brian Kersey/Getty Images

The legendary Silicon Valley venture capital firm Andreessen Horowitz received between $350,000 and $1 million for 24 jobs.

Andreesen Horowitz partner Marc Andreesen speaks during the Fortune Global Forum on November 3, 2015 in San Francisco, California. Business leaders are attending the Fortune Global Forum that runs through November 4.      Justin Sullivan/Getty

Data firm Wave Computing was approved for a $2 million to $5 million loan to protect 29 jobs.

Justin Sullivan/Getty Images

The Burning Man festival received between $2 million and $5 million for an undisclosed number of employees.

Jim Urquhart/Reuters

Kanye West's Yeezy brand received between $2 million and $5 million to save 160 jobs.

FILE - In this Nov. 6, 2019, file photo, Kanye West attends the WSJ. Magazine 2019 Innovator Awards at the Museum of Modern Art in New York. The rap superstar will design adult and kids' clothing that will be sold at Gap in 2021. Yeezy is best known for pricey sneakers that sell out online quickly. But Yeezy footwear, made with sneaker company Adidas, won't be sold at Gap. (Photo by Evan Agostini/Invision/AP, File)      Associated Press

This is a developing story. Check back for updates.