The art gallery selling Hunter Biden’s paintings saw his federal COVID-19 loan drop from $ 150,000 to $ 500,000 after his father took office, it has been revealed.
Public documents, seen by the New York Post, show that the Georges Bergès Gallery in Soho, New York, applied for and obtained a COVID disaster assistance loan of $ 150,000 from the Small Business Administration in the year last.
In July 2021 – six months after Joe Biden took office – that figure was then revised, giving the company an additional $ 350,000 and more than triple the total loan value.
A little over two months later, the gallery staged a pop-up exhibit at famed Milk Studios in Hollywood to sell paintings of the president’s son which cost between $ 75,000 and $ 500,000.
The Soho Gallery is also expected to host an exhibition of his work in New York this spring, after being pushed back from the original launch date this month.
Hunter Biden pictured with former Stockton Mayor Michael Tubb on his pop-up show in Los Angeles on October 1
The Georges Bergès Gallery in Soho, New York (above), which sells Hunter Biden’s paintings, saw its federal COVID-19 loan increase from $ 150,000 to $ 500,000 after his father took office, have we revealed
In total, the gallery received approximately $ 580,000 in COVID-19 relief payments, after also receiving two Paycheck Protection Program loans totaling approximately $ 80,000 in April 2020 and February 2021.
The substantial loans, intended for companies hard hit during the pandemic, in particular to help cover salaries, were granted despite the fact that the Georges Bergès gallery employed only two people.
There is no indication that the president was involved in making these loans or that his son Hunter profited from the payments – either through paying the gallery or using the money to market his paintings.
However, this comes as questions have already been raised about the ethical implications of Hunter’s artistic dealings.
Ahead of the Los Angeles show, an agreement was made that Bergès would review sales of Hunter’s artwork for potential conflicts of interest and that all buyers would remain anonymous to avoid any potential attempts to influence the Biden administration.
Still, a video and photos obtained exclusively by DailyMail.com showed Hunter and Bergès entertaining around 200 people at Milk Studios on October 1 for an exclusive invite-only event to showcase his 15 high-priced paintings.
Hunter Biden was seen rubbing his fists with world champion Boxer Sugar Ray Leonard and rubbing his elbows with other celebrities and wealthy potential buyers at his art show
The president’s son and his gallerist Georges Bergès entertained around 200 guests as he made his professional art debut at Milk Studios in Hollywood
Potential buyers and celebrities invited to the event included world champion boxer Sugar Ray Leonard, Moby, Los Angeles Mayor Eric Garcetti – who is the president’s candidate to be Ambassador to India – and the artist behind Barack Obama’s iconic Hope poster.
The exclusive event fueled speculation on how the identity of shoppers would be protected.
Now, some critics claim that the timing of the loans and the amount suggest that the president’s son’s “midlife crisis art career” is “subsidized by the American people.”
Tom Anderson, director of the Conservative Watchdog at the National Legal and Policy Center, told the Post that the funds could have been used to promote Hunter’s works – which could be an ethical violation.
The art dealer George Bergès who runs the Georges Bergès Gallery in Soho, New York
“We have reached a new low in US politics where the president’s son is getting his midlife crisis art career funded by the American people as part of our response to the COVID pandemic,” Anderson said.
“This is a unique situation in which the president’s son benefits directly from federal loans to a third party. ”
Anderson said the Georges Bergès Gallery had “by far” received the largest COVID-29 relief package among more than 100 galleries in New York’s 10th Congressional District.
He filed a complaint with the SBA this week questioning the amount of the loans.
New York Republican Rep. Claudia Tenney said the gallery lending revelation “is eroding public trust in the president, just when you thought it couldn’t drop any further.”
Bergès told the Post how the gallery obtained the loan under the previous administration.
I received my PPP loan in April 2020 when Donald Trump was President, along with countless other galleries which, given that a global pandemic was occurring, we had every right to… Most galleries received this ready, ”said Bergès.
“We were not unique.
Artist page for Hunter Biden on the gallery website. The Soho Gallery will also host an exhibition of his work in New York this spring.
Hunter’s paintings were priced at $ 75,000 for a piece on paper to half a million dollars for the large-scale paintings (Pictured: two works by Biden – It is not known which reproductions were sold or if other works were sold once the LA exhibition opened)
DailyMail.com has contacted the gallery for further comment.
It emerged this week that Hunter had already sold at least five prints of his work for $ 75,000 each before the LA pop-up launched.
It is not known if other works have been sold since the opening of the exhibition.
Sources told the Post that lawyers are now screening potential buyers ahead of the Manhattan show.
The White House faced questions about Hunter’s art exhibit this week – questions that press secretary Jen Psaki brought up widely to the gallery owner.
“Well, to be clear, we talked about the arrangement managed by the gallerist and representative of Hunter Biden, for which the White House has provided suggestions,” she said Wednesday.
“I refer you to the gallery owner for questions about the event as well as to Mr. Garcetti’s representatives in terms of attendance. ”
Hunter and Joe Biden. Questions have already been raised about the ethical implications of Hunter’s artistic transactions.