When Covid struck, the government offered a Paycheck Protection Program, which is a government backed loan, that helps employers with paying their employees during the crisis.
It was reported via Rolling Stone that several bands were recipients for receiving these funds, due to canceled tours. Some of the bands that received funds are, Pearl Jam, Green Day, Guns N Roses, Slipknot and My Chemical Romance.
As we know, all of these bands and many others, have had to postpone their tours to 2021. Which would leave a lot of tour staff without paychecks. So the answer for many of these bands was to file for the Paycheck Protection Program.
My Chemical Romance has now responded to Rolling Stone, to explain why they applied. “Like most tours that were happening this year, My Chemical Romance’s world tour was cancelled,” the statement continued, “MCR received PPP money to ensure their crew is funded in these times of uncertainty until we are able to be out on the road again. We are so grateful to these skilled, dedicated people – some of them are parents, others caretakers, still others who simply have rent to pay – and this money helps them take care of themselves and their families.”