SBA Releases Broader Information On PPP Borrowers

The SBA has now released broader information on borrowers who received loans under the Payroll Protection Program.  The SBA's release of this information was ordered by United States District Judge James E. Boasberg in a case filed against the SBA, WP Company LLC d/b/a The Washington Post, et al., v. U.S. Small Business Administration, Civil Action No. 20-1240 (JEB) and a related case, Center for Public Integrity v. U.S. Small Business Administration, Civil Action No. 20-1614 (JEB).

The SBA had previously released information for borrowers that received PPP loans of $150,000 or more but did not release information about other PPP borrowers.  The majority of PPP borrowers received loans of less than $150,000, and the SBA had objected to the release of information for these borrowers.