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Jul 7, 2020 · Search for PPP loan applications by organization, lender, zip code and business type.
StateTotal$150k Or Less$150k - $350kState AlabamaTotal 169,558$150k or less 158,646$150k - $350k 6,558State AlaskaTotal 23,693$150k or less 21,031$150k - $350k 1,620State American SamoaTotal 314$150k or less 294$150k - $350k 15State ArizonaTotal 169,243$150k or less 153,451$150k - $350k 9,409- What Is The PPP Loan and How Is It calculated?
- What Type of Businesses Qualify For The PPP?
- Are PPP Loans Forgivable Or Considered Grants to The Recipient Businesses?
- Why Is This Data Publicly available?
- Are Exact Loan Amounts Shown For Each Company?
- How Can I Report Potential Fraud Regarding PPP Loans?
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. Businesses who self-verified that they required the funds due to the epidemic were able to apply for a PPP loan equal to 2.5 ti...
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. Corporations, pass-through entities, independent contractors, and self employed individuals are all eligible for a PPP loan. Later clarification by the SBA discouraged public c...
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. While there have been some concerns about the inability ...
The PPP is an emergency loan program administered by the Small Business Administration. Historically, information on all loans issued by the SBA is publicly available information and subject to release under the Freedom of Information Act. While the SBA initially resisted releasing full data on PPP loan recipients, a data dump was finally released ...
While the the original data released by the SBA redacted company information for PPP loans under $150,000, this data has been released following Freedom of Information Act (FOIA) lawsuits. FederalPay has published this updated data in full, for all companies that received a PPP loan.
Since the inception of the program dozens of cases of PPP fraud have been prosecuted by the Department of Justice, including cases where loans were filed for nonexistant companies, overstatement of employee or payroll amounts, etc. If you wish to report a potential issue regarding a PPP loan to the Small Business Administration, you can use the SBA...
Paycheck Protection Program. An SBA-backed loan that helps businesses keep their workforce employed during the COVID-19 crisis. Notice: The Paycheck Protection Program (PPP) ended on May 31, 2021. Existing borrowers may be eligible for PPP loan forgiveness.
PPP – Loan Forgiveness Application and Instructions for Borrowers who Received a PPP Loan of $150,000 or Less – Form 3508S (5/24/2021) PPP – Loan Forgiveness Application and Instructions – Form 3508EZ (5/24/2021)
May 31, 2021 · Find data and reports related to the Paycheck Protection Program (PPP). Content. Forgiveness reports. 2022 forgiveness platform lender submission metrics reports. 2021 forgiveness platform lender submission metrics reports. Data on achieving equity.
Mar 13, 2024 · Where to apply for loan forgiveness. Effective March 13, 2024, all borrowers, regardless of loan size, can use SBA's direct forgiveness portal . Applying for forgiveness using the portal can take as little as 15 minutes.
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Easily search and sort PPP loan data by any of the 16 categories, including industry, geography, race, and gender.
