FederalPay does not modify the data and makes no claims regarding its accuracy.Īny corrections or modifications to this data can only be made via the SBA. ยง 552a (the Privacy Act) and is published unmodified, as provided by the SBA. ยง 552 (Freedom of Information Act) and 5 U.S.C. While the SBA initially resisted releasing full data on PPP loan recipients, a data dump was finally released in late 2020 following lawsuits from news media and government transparency organizations.Īll information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. Historically, information on all loans issued by the SBA is publicly available information and subject to release under the Freedom of Information Act. The PPP is an emergency loan program administered by the Small Business Administration. While there have been some concerns about the inability of certain business types to qualify for forgiveness, the vast majority of businesses are expected to have the majority or all of their PPP loan forgiven by the SBA, effectively making it a grant. Recipients of the PPP loans can qualify to have their debt forgiven if within 8 or 24 weeks they use at least 60% of the funds for payroll costs, with the rest eligible to be spent on eligible business mortgage interest payments, business rent or lease payments, and business utility payments. Later clarification by the SBA discouraged public companies, or companies with significant assets or access to capital, from applying for the loan.Īre PPP loans forgivable or considered grants to the recipient businesses? Corporations, pass-through entities, independent contractors, and self employed individuals are all eligible for a PPP loan. The SBA has made the PPP available for all small businesses with under 500 employees, with some exceptions for restaurant or hospitality chains with more than 500 employees. What type of businesses qualify for the PPP? Yearly salaries are capped at $100,000 for payroll calculation purposes.Ĭompanies can receive up to $10 million in forgivable PPP loans, and at least 4,840 companies across the US have received more than $5m. The PPP (Paycheck Protection Program) is an emergency disaster loan program administered by the SBA designed to provide funds to small businesses with under 500 employees who were affected by the 2020 Coronavirus epidemic.īusinesses who self-verified that they required the funds due to the epidemic were able to apply for a PPP loan equal to 2.5 times their average monthly payroll in 2019 (with different payroll windows available for seasonal or startup businesses). No Results Found - Please Modify Your Search!Ĭhoose any state to view all publicly available information on Paycheck Protection Program loans received by companies in that state.Īlabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming FAQ - Paycheck Protection Program Loan Data What is the PPP loan and how is it calculated? Water and Sewer Line and Related Structures ConstructionĬomputer and Computer Peripheral Equipment and Software Merchant WholesalersĮlectrical Contractors and Other Wiring Installation Contractors Wireless Telecommunications Carriers (except Satellite)
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