Trump administration releases PPP loan data

The Trump Administration on Monday released data about recipients of Paycheck Protection Program (PPP) loans, which is of interest to lawmakers as they conduct oversight of the small-business loan program.

  • The Small Business Administration (SBA), in consultation with the Treasury Department, released data about loans made under the PPP of at least $150,000 that includes the names, addresses and business types of businesses and nonprofits that received loans.
  • For each of these loans, the SBA gave a range for the dollar amount of the loans.
  • The SBA also released data on loans of under $150,000 that does not include the names and addresses of recipients.

“Today’s release of loan data strikes the appropriate balance of providing the American people with transparency, while protecting sensitive payroll and personal income information of small businesses, sole proprietors, and independent contractors,” Treasury Secretary Steven Mnuchin said in a news release.

The Hill’s Naomi Jagoda tells us more here.

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