The Small Business Administration ("SBA") and
Treasury released data on the roughly 4.9 million
loans made through the Paycheck Protection Program
("PPP").
As
previously covered, the release of this loan-level data follows
pushback from Congressional Democrats over an agreement between the SBA, Treasury and
Senate Small Business Committee that would have limited the PPP
loan data made publicly available. For PPP loans of $150,000 or
more, the SBA and Treasury released borrower names, addresses,
NAICS codes, zip codes, business types, demographic data,
non-profit information, the names of lenders, jobs supported and
loan amount ranges. For PPP loans of less than $150,000, which
account for roughly 85 percent of the total number of loans made to
date, business names and addresses are being withheld from public
release.
