Impact Wrestling Filed For Paycheck Protection Program Loan

WWE is the only pro wrestling company that had widespread cuts due to the coronavirus. Impact Wrestling had to apply for a loan in order to keep paying their staff.

According to the Wrestling Observer Newsletter, Anthem Wrestling Exhibitions applied for a PPP loan. The loan is between $150,000 to $350,000 with the intention to save 106 jobs.

The Paycheck Protection Program provides loans for small businesses so they can keep paying their workers. Impact Wrestling obviously wanted to take advantage of this program.

It was not noted if Impact Wrestling’s request for a PPP loan was successful. It was filed on April 4th so they will have to wait and see.

Impact Wrestling’s next pay-per-view is Slammiversary on July 18th. Hopefully, the company will be granted this loan so they don’t have to let anyone go.