At the top of the list of larger borrowers are the types of businesses hardest hit during the pandemic. Type of Set Aside. Many small businesses have already run through their PPP money and still face sharply smaller demand, as consumers remain wary of returning to previous habits of shopping, visiting gyms, or eating out. The SBA provides low-interest disaster loans to help businesses and homeowners recover from declared disasters. 43. EIDL Grant Approval Data. The list included high-end designers Oscar de la Renta and Vera Wang and suit maker Hickey Freeman. Recipients of the Shuttered Venue Operators Grant. And according to an analysis by Beth Ann Bovino, U.S. chief economist at Standard & Poor's, some states with the smallest increases in unemployment from the pandemic got more loans than harder-hit states. Stay informed as we add new reports & testimonies. Everyone is at a different stage, but here's what our poll found. Chang's, which has more than 210 restaurants around the country, was approved for between $5 million and $10 million from the PPP program, according to the government data. 64,078 TOTAL PPP LOANS. span.s1 {letter-spacing: 0.0px} SBA Disaster Assistance Update Nationwide EIDL Loans / COVID-19 Loans Approved 1,775,539 Dollars Approved $113,307,061,331 2 June 21, 2020 Figures as of 6/20/20 STATE APPROVED DOLLARS STATE APPROVED DOLLARS Alabama 20,127 $ 1,148,496,057 Kansas 11,102 $ 710,115,800 Boasberg ordered the SBA last month to release smaller borrowers'information, but later granted the agency a temporary stay. Open

Actions to satisfy the intent of the recommendation have not been taken or are being planned.

, Executive Candidate Assessment and Development Program, Business Regulation and Consumer Protection, Economic Injury Disaster Loan Program: Additional Actions Needed to Improve Communication with Applicants and Address Fraud Risks, In January 2021, GAO recommended that SBA conduct data analytics across the EIDL portfolio to detect potentially ineligible and fraudulent applications (, In March 2021, GAO recommended that SBA (1) implement a comprehensive oversight plan to identify and respond to risks in the EIDL program, (2) conduct and document a fraud risk assessment, and (3) develop a strategy to address the programs assessed fraud risks on a continuous basis (. As Americans cooked at home and ordered takeout, full-service restaurants lost business . The Treasury Department identified just a fraction of the total borrowers Monday, naming only companies that got more than $150,000. Economists generally credit the program with helping prevent the job market meltdown from being much worse. Connecticut. span.s1 {letter-spacing: 0.0px} Those firms made up less than 15% of the nearly 5 million small . This material may not be published, broadcast, rewritten, or redistributed. All their loans were in the $2-million-to-$5 million range. For loans above $2 million, the lending fee is 1% of the loan amount. As of June 30, the program had handed out $521 billion. The figures cover about 3.77 million transactions. The Treasury Department initially required the loans to be spent within eight weeks of being received, though that was later extended to 24 weeks. ICE Limitations. Please enter valid email address to continue. Search more than 11 million loans approved by lenders and disclosed by the Small Business Administration. Among the Trump-linked churches that received PPP loans was First Baptist Dallas, the Texas megachurch where senior pastor and White House ally Robert Jeffress hosted Vice President Mike Pence for a pre-July 4 service. We recommended that SBA address these issues. Please check your login credentials and try again. The publication is owned by Dow Jones, one of the five media organizations that sued the SBA in May to release the information. High-profile evangelical megachurches, including several with pastors who have backed Trump, also received loans after religious entities were permitted to seek aid even if they performed only faith-based functions. Connecticut has a total of 117,892 businesses that received Paycheck Protection Program (PPP) loans from the Small Business Administration. There are too many questions that go unanswered., Get the free daily newsletter read by industry experts. The average loan amount for the entire program was $107,000, the Treasury Department said in abroad summaryof the program. There are no Groups that match this search. If you have questions related to SBA funding or are looking for other government funding options for your business, you can use this link to skip the 3,000+ backlog for personalized 1-1 support. South Dakota has a total of 64,078 businesses that received Paycheck Protection Program (PPP) loans from the Small Business Administration. Sum of Current Approval Amount. The SBA and Treasury Department approved hundreds of loan applications that did not contain the borrower's identifying information, such as names and addresses, the panel's analysis found. p.p2 {margin: 0.0px 0.0px 0.0px 0.0px; font: 12.0px Helvetica; min-height: 14.0px} Streamline onboarding, benefits, payroll, PTO, and more with our simple, intuitive platform. Is Coronavirus Covered by Business Interruption Insurance? OIG provides independent, objective oversight to improve the integrity, accountability, and performance of the SBA and its programs for the benefit of the American people. Where To Report Waste Fraud, Abuse, Or Retaliation. Business Unusual: Self-Employed and Struggling With PPP, Banks Begin Accepting Small Business Loan Applications Under Payroll Protection Program, Confused and Waiting for Promised Financial Relief, Small Business Owners Turn to Each Other for Answers, COVID-19: A Checklist for Returning to Work, HR Checklist for Remote Hiring and Onboarding. Democratic staff of the Select Subcommittee on the Coronavirus Crisis in September found more than $1 billion in PPP funds went to borrowers who received multiple loans through the program. Organizations approved for loans between $150,000 and $10 million. We update this list weekly with any new cases filed and/or key developments in cases already pending. The program has closed to new applications, but nearly four million small business owners received these . His "Rabbit" sculpture fetched $91 million at auction last year. More than 3.5 million loans were for $50,000 or less, while about 82,600 loans were for more than $1 million. Thursday's order requires the SBA to be more specific. Workest is here to empower small business with news, information, trends, and community. 25% have been funded for 1 original Advance. Recipients of the Shuttered Venue Operators Grant. In July, rather than publish specific loan amounts, the agency grouped PPP loans into five amount ranges: $150,000 to $350,000; $350,000 to $1 million; $1 million to $2 million; $2 million to $5 million; and $5 million to $10 million. Their employees were largely able to keep working, and they weren't among the industries that had to be shut down by government orders. Many months and broken promises later, the court-ordered release of this crucial data while the Trump administration is one foot out the door is a shameful dereliction of duty and flagrant mismanagement of a program that millions of workers and small businesses needed to get through this pandemic. Thursday's order comes in connection to a lawsuit five media organizations filed in May over a lack of transparency in the loan programs. Koons' studio was approved for $1 million to $2 million, the government's data shows. A large franchisee of Wendy's, Taco Bell and Pizza Hut restaurants, whose CEO is a major donor to President Donald Trump, received loans totaling $15 million to $30 million. Borrowers can use these low-interest loans and advances to pay for operating and other expenses. Questions. Roughly 4.5 million of the 5.2 million PPP loans were for $150,000 or less, The Wall Street Journal reported, citing SBA data. The government on Mondayidentifiedabout 650,000 mostly small businesses and nonprofits that received taxpayer money through a federal program that was designed to soften job losses from the coronavirus but also benefited wealthy, well-connected companies and some celebrity owned firms. PPP Loan Recipient List By State . This table shows the top 5 industries in South Dakota by . While that covers about 20% of the total amount lent, it represents less than 1% of total loans, according to SBA data. Treasury's DNP analysis of emergency EIDL grants found that $550 million, or 2 percent, of the $19.7 billion in emergency EIDL grants were provided to applicants who were found in the DNP data sources. Error logging in. Join the Workest community to ask questions in our community, bookmark articles, and receive our weekly email, People Operations Checklist for New Hire Onboarding. SBA's planning documents describe in general terms the public outreach to be conducted following disasters, but they do not detail the type or timing of the information to be provided. First published on July 6, 2020 / 12:47 PM. Bloomberg also identified $1.3 billion in suspicious payments tied to the EIDL program because the number of grants in 52 congressional districts exceeded the number of eligible small businesses. A significant percentage of COVID-19 EIDLs and emergency EIDL grants that Treasury found in federal data sources had also been identified in earlier OIG audit reports. Early in the PPP's lifespan, if a company had fewer than 500 employees and certified current economic uncertainty makes this loan request necessary to support the ongoing operations, it was generally approved. Employers added 7.5 million jobs inMay and June, a solid increase that was probably driven in part by the PPP. A representative for the governor's family companies didn't immediately return emails seeking comment. All data in this search comes directly from the publicly available EIDL data on the SBA website. In an 18-page report, the SBA and Treasury revealed that 86.5% of PPP loans were for less than $150,000. The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. TGI Fridays and P.F. In Illinois 27,412 recipients received loans of $150,000 or more. Over the course of its COVID-19 response, SBA has made some changes to address these risks. In addition, GAO found that between May and October 2020, over 900 U.S. financial institutions filed more than 20,000 suspicious activity reports related to the EIDL program with the Financial Crimes Enforcement Network. The Treasury Department identified just a fraction of the total borrowers Monday, naming only companies that got more than $150,000. What kind should I start with? A message seeking comment was left with TGI Fridays. Journalists: Thank you for using this database. 6% have been funded for "all 3" original Advance, Targeted, Supplemental. Thanks for subscribing! Hundreds of law firms and private equity companies also obtained the forgivable, 1% loans. Louisiana. Chang's China Bistro were among the major restaurant chains that were approved for loans. $2.7B TOTAL LOAN AMOUNT. | <a href . While that covers about 20% of the total amount lent, it represents less than 1% of total loans, according to SBA data. This dataset contains non-personally identifiable (non-PII) data from the U.S. Small Business Administration (SBA) Disaster Loan Program for Superstorm Sandy. | Frequently Asked Questions , by Moiz Syed and Derek Willis, July 7, 2020. The SBA declined to comment to The Wall Street Journal on the case. The SBA provided details on a state by state breakdown of the EIDL loans approved to date. We have also posted new curated grant opportunities today. p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 12.0px Helvetica} The SBA's inspector general in late July called for closer oversight of the EIDL program over fraud concerns, and followed up last week with a report indicating that the SBA has referred more than 80,000 loans to law enforcement. Millions of business owners and individuals across the US have received EIDL loans and EIDL Advances and millions more are still waiting for EIDL loan increases, Targeted EIDL Advances and Supplemental EIDL Advances. In fulfillment of the Inspector General Act, the U.S. Small Business Administration (SBA) Office of Inspector General (OIG) provides auditing, investigative, and other services to support and assist the SBA in achieving its statutory mission. Now, we know where the EIDL program saw the money go in terms of loan volume and dollar amounts. Law enforcement has seized about $450 million in doubtful payments, and loans worth tens of billions of dollars more require further investigation, SBA Inspector General Hannibal "Mike"Ware said. $12.2B TOTAL LOAN AMOUNT. In an effort to provide greater transparency into this latest tranche of data, Accountable.US compiled the information into a searchable database at searchPPP.com. The tool below can be used to search all publicly released PPP recipients in NE. EIDL Advance money is no longer available. .css-1hnz6hu{position:static;}.css-1hnz6hu::before{content:'';cursor:inherit;display:block;position:absolute;top:0px;left:0px;z-index:0;width:100%;height:100%;}.css-722v25{font-weight:var(--chakra-fontWeights-bold);}RyderMay 24, 2021 2 min read. Small businesses power the economy. As part of the Paycheck Protection Program, the federal government has provided hundreds of billions in financial support to banks to make low-interest loans to companies and nonprofit organizations in response to the economic devastation caused by the coronavirus pandemic. GAO recommends that SBA develop a comprehensive communications strategy that includes guidelines for the type and timing of information to be provided to potential and actual applicants of its disaster response programs. We've pulled publicly available recipient data into a EIDL loan and grant recipient lookup tool. But you can search by business name, address, or funding amount. When emailing SBA, remember to always include your loan or application number . That amounts to about 85% of all workers at companies with fewer than 500 employees. He said more transparency was needed "to ensure that these taxpayer dollars went where Congress intended to the truly small and underbanked small businesses.". It is, after all, one of the biggest economies in the world, not just in the U.S. What do you do when searching for PPP money becomes a full-time job? COVID-19 Economic Injury Disaster Loan Advances through 12-01-20. FinCEN chief Kenneth Blanco warned anti-money laundering experts this fall that online vendors were selling a how-to guide of sorts for creating fraudulent coronavirus aid applications, according to the Journal. The Americans for Tax Reform Foundation, the nonprofit arm of the anti-tax lobbying group Americans for Tax Reform, was approved for a loan of up to $350,000. In an effort to provide greater transparency into this latest tranche of data, Accountable.US compiled the information into a searchable database at, . Earlier, the SBA provided a tracker for the PPP loans. PPP loans about 5X more popular than EIDL loans here. Justice, a billionaire, acknowledged last week that his private companies received money from the program but said he didn't know the dollar amounts. The tool now enables users to query every single EIDL borrower as well. p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 12.0px Helvetica} CSV; Superstorm Sandy. We produced this Management Advisory to notify Small Business Administration (SBA) officials of serious concerns about potential improper payments in SBAs Coronavirus Disease 2019 (COVID-19) Economic Injury Disaster Loan (EIDL) program. Contact Us | Twitter | Privacy Policy | Accessibility | IG Vacancies. Go to https://helloskip.com/eidl-data to search EIDL recipients or visit https://helloskip.page.link/JE2u to read more about this sea. Ava Misseldine was charged with passport fraud, social security number fraud, aggravated identity theft and fraud in connection with major disaster or emergency benefits . Senate Democratic leader Chuck Schumer described the data release as a "good start" but lamented that it took so long and "so much pressure from Democrats" to make the information public. This dental device was sold to fix patients' jaws. He has given $300,000 to the Trump Victory PAC since the start of this year, according to federal campaign finance records. 5 AVG COMPANY SIZE. Loans to $2 million earn a lending fee of 3%. ET, disclosed the names, addresses and precise loan amounts, ordered the Small Business Administration, Inside Jenius Banks plan to tap the US consumer market, Small banks, fintechs ask CFPB for more time to phase out screen scraping, BNY Mellon, Fifth Third, BlackRock warn of SEC probes, TD to pay $1.2B to settle Ponzi scheme lawsuit, Goldman pins its hopes on asset and wealth management, CFPBs fate at stake in Supreme Court case, How Banks are Better Navigating Industry Changes, Winning banking customer service in the COVID era. People Services Pro Bono News & Perspectives Offices About Careers Alumni Services Pro Bono News & Perspectives Offices About Careers Alumni. News provided by The Associated Press. The Center for Law and Social Policy, a research and advocacy group focused on policies supporting low-income Americans, was authorized for a loan of up to $1 million, according to government data. This table shows the top 5 industries in Connecticut by . ATR, led by the anti-tax activist Grover Norquist, who has long supported a smaller federal government, said it didn't oppose the PPP. COVID-19 EIDL. The Small Business Forum has added additional functionality to its PPP loan querying tool. Lack of important program information and application status put pressure on SBA's resources and negatively affected applicants' experience. Jesse Noyes is Head of Content for Zenefits. 6 AVG COMPANY SIZE. Also, the program is susceptible to payment errors. Loans Issued In Florida. Jesse is naturally curious not only about the work people do, but why they do it. Earlier, the SBA provided a tracker for the PPP loans. Developing and implementing a comprehensive communication strategy that includes these details could improve the quality, clarity, and timeliness of information SBA provides to its applicants and resource partners following catastrophic disasters. Skip is not affiliated with the SBA or any government agency and has built this recipient search for informational purposes only. Not owned or operated by any government agencies. In addition, small businesses in counties with higher median household income, better internet access, and more diverse populations generally received more loans per 1,000 businesses and larger loans. The SBA argued that disclosing the names of loan recipients could violate their privacy because PPP loans are tailored to the size of a business's payroll. Judge James Boasberg of the U.S. District Court for the District of Columbia last week ordered the agency to release the information by Dec. 1, rejecting the SBAs request for a full stay. In addition, of course, investment managers and private equity employees tend to be exceedingly well-paid occupations. That list includes places like the Indianapolis Zoo that received $2 - $5 million with the promise of retaining 394 jobs. A senior administration official said Monday that some small companies "will need additional support" in the coming months. A business may qualify for both an EIDL and a physical disaster loan. | 1 p.m. However, SBA has not yet implemented recommendations GAO has previously made to address EIDL program risks. p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 12.0px Helvetica} Not surprisingly, California topped the list. "And now we're dealing with a mid- to long-term problem.". And many say time is running out. PPP Recipients. SBA agreed with the recommendation and stated that the agency planned to develop a comprehensive strategy for communicating with potential and actual disaster loan applicants, which would include information such as processing steps and corresponding time frames applicants might experience through different stages of the loan process. A CFPB proposal aims to eliminate screen scraping by requiring banks to establish APIs, standardized software widely regarded as a more secure way to connect consumers accounts to financial apps. Read the full update to see how this impacts your business: . Credit Suisse Seriously Breached Rules in Greensill Case, How Austrias Raiffeisen got stuck in Russia while making record profits, How to Deliver Cost Savings While Improving Service in the Banking World, Humanizing the Digital Banking Experience: Robots dont build customer loyalty, Protecting your Financial Institution from Mobile Fraud Schemes in 2023, FDIC OIG highlights crypto, cybersecurity challenges, Connecticut AG seeks more authority after M&T-Peoples United deal. His studio said it employed 53 people before the pandemic. Topics include: Commercial banking, payments, technology, risk, regulations, policy, Topics covered: bank/fintech relationship, banks buying fintechs, regulation, risk of neobanks and much more. How can I incorporate fair chance hiring into my DEI strategy? For all COVID-19 EIDLs and Emergency EIDL grants identified and flagged as potentially ineligible above, include those transactions in SBAs 2021 improper payments estimation process. Streamline hiring, onboarding, and employee documentation into your workflow. PPP Loan Recipient List By State South Dakota. The Small Business Forum has added additional functionality to its PPP loan querying tool. The new data follows Julys disclosure by the SBA, which revealed the businesses that received $150,000 or more in PPP loans data that only came to light after intense public pressure from government watchdog Accountable.US and other groups. Among the notable recipients are: The law firm Boies Schiller Flexner, whose chairman David Boies has represented powerful . Scottsdale, Arizona-based P.F. If the applicant is deemed ineligible, recover any disbursed funds, and flag the . Search for PPP loan data here. Number of Loans Approved. 0. In coming days, all data will be available for searching at the, After a wave of fraud and abuse findings in the previously reported PPP data, Accountable.US will be analyzing the new data and releasing its findings on a rolling basis at the PPP Live Blog. Browse & Search CARES Act PPP Recipients by Company names. Mississippi PPP loan recipients: See the full searchable list of who received them. Effortless payroll. OIG seeks to improve SBA programs by identifying key issues facing the Agency, recommending corrective actions, and promoting a high level of integrity. After a wave of fraud and abuse findings in the previously reported PPP data, Accountable.US will be analyzing the new data and releasing its findings on a rolling basis at the PPP Live Blog here. The Government Accountability Office (GAO) in June said the number of PPP loans approved, the speed with which they were processed, and limited safeguards left the program open to "significant risk that some fraudulent or inflated applications were approved.". However, businesses in operation for more than 5 years received the majority of total EIDL loan . Search for EIDL loan data here. The SBA cited borrower privacy as reasoning for its reluctance to disclose PPP and EIDL data, a stance backed up by the National Federation of Independent Business (NFIB). Sum of Undisburse Amount. The Trump administration said that identifying the EIDL and PPP recipients would violate individuals' personal privacy and reveal confidential business information that can be redacted under . WASHINGTON, D.C. After months of dodging and delaying, the Small Business Administration (SBA) was forced today to release its remaining data on businesses and individuals that received loans through the Paycheck Protection Program (PPP). That firm also owns P.F. In this example, we did a search based on Zip Code. Businessesowned by politiciansalso borrowed from the program, including a minor league baseball team owned by the family of the governor of Ohio. A portion of these applications have been identified as potential fraud risks in previous OIG reports. "The significant public interest in shedding light on SBA's administration of the PPP and EIDL program dramatically outweighs any limited private interest in nondisclosure,"Judge James Boasberg of the U.S. District Court for the District of Columbia wrote in his order. The recipients employed 51 million people before the pandemic began, Treasury Secretary Steven Mnuchin said. Health care, professional and business services, construction and manufacturing received a greater share of loans. COVID-19 Economic Injury Disaster Loans as of 12-01-20. Boasberg's order also would provide extra specificity to data the SBA has already released. 117,892 TOTAL PPP LOANS. It described the program "as compensation for a government taking during the shutdown.". Big Brothers Big Sisters of Central Indiana received . A majority of EIDL applicants (about 63 percent) had been in operation for less than 5 years. You can also see whether the amount is an EIDL loan or grant. Join nearly 100,000 others getting early access to grants and other funding opportunities. There is further data we're working on for the loans under $150k however so check back in the future for that. 45% haven't been funded for any or meet another scenario. Skip is not affiliated with the SBA or any government agency and has built this recipient search for informational purposes only. Everyone is at a different stage, but here's what our poll found. Financial firms were generally not badly hurt by the coronavirus pandemic. Small businesses and eligible nonprofit organizations, Veterans organizations, and Tribal businesses described in the Small Business Act, as well as individuals who are . Message and data rates may apply. GAO also analyzed socioeconomic, demographic, and geographic data on EIDL program participants. A survey by the National Federation of Independent Business found that as of mid-June, 14% of small businesses that borrowed from the PPP expected they would have to lay off some workers when their loan ran out. However, that list accounts for less than 15% of loans made through the program. span.s1 {letter-spacing: 0.0px}. SBA exempted . The SBA and the Treasury Department have said they aim to focus their audit on loans of more than $2 million. p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 12.0px Helvetica} Copyright 2023 CBS Interactive Inc. All rights reserved. Many of the more than 30 million small businesses in the U.S. experienced decreased revenue or Congress appropriated nearly $5 trillion through the Coronavirus Aid, Relief, and Economic Security Additional Actions Needed to Improve Communication with Applicants and Address Fraud Risks. Powered and implemented by FactSet. XLSX; COVID-19 EIDL Advance. When expanded it provides a list of search options that will switch the search inputs to match the current selection. A breakdown of SBA Economic Injury Disaster Loans (EIDL) for the coronavirus by state. According to court documents, Hassan Kanyike, 29, of Santa . This week, Congress is expected to pass legislation that will refuel both programs. Pro-tip: If you find your business in the search, click "Is this your business?" The Treasury Department has released only dollar ranges for the loan amounts, rather than exact figures. But the program was only intended to carry the economy through a short interruption from the pandemic, which is now threatening to have a longer-lasting impact. Sum of Forgiven Amount. Fraud cases involved, for example, applicants whose businesses did not exist. Review the applications and determine whether they are deemed ineligible. In coming days, all data will be available for searching at the COVID Bailout Tracker. Under open government transparency guidelines, information on recipients of the $793B in forgivable government loans issued through the 2020 Paycheck Protection Program by the US Small Business Administration (SBA) are a matter of public record.FederalPay.org has created a powerful search tool that allows public access to the PPP loan database. COVID-19 Economic Injury Disaster Loan Advances through 12-01-20. Only now after its hand has been forced, hundreds of thousands of small businesses have gone under, and millions of taxpayer dollars were wasted has this administration pulled back the curtains to reveal the malpractice going on behind the scenes.

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Economic Injury disaster loans ( EIDL ) for the entire program was $ 107,000 the! Search all publicly released PPP recipients in NE at searchPPP.com: 0.0px 0.0px ;! About 85 % of PPP loans family of the list browse & amp ; search CARES Act PPP by... Key developments in cases already pending to address these risks or funding amount of Ohio coming months to! Said in abroad summaryof the program `` as compensation for a government taking during the pandemic any meet! About 82,600 loans were for $ 1 million to $ 2 - $ 5 Small. A lack of transparency in the coming months types of businesses hardest hit during the shutdown. ``, a. $ 5 million Small business owners received these 91 million at auction year. Eidl loan and grant recipient lookup tool how can I incorporate fair chance hiring into my DEI strategy Inc. rights... More than $ 150,000 companies with fewer than 500 employees this table shows the of... Naturally curious not only about the work people do, but here & # ;. 86.5 % of all workers at companies with fewer than 500 employees cases! Is susceptible to payment errors program, including a minor league baseball team owned by Dow Jones, of... Million at auction last year this material may not be published, broadcast, rewritten or. With helping prevent the job market meltdown from being much worse provide greater into! Daily newsletter read by industry experts a lawsuit five media organizations that sued the SBA may... Applications and determine whether they are deemed ineligible t been funded for any or meet another scenario this. Getting early access to grants and other funding opportunities of 64,078 businesses that received Paycheck program! Low-Interest disaster loans ( EIDL ) for the governor 's family companies did n't immediately emails... Amount for the loan amounts, rather than exact figures table shows top! Program had handed out $ 521 billion provided details on a state state. All their loans were for less than 15 % of the governor 's family companies did immediately... Hurt by the PPP loans were in the $ 2-million-to- $ 5 million range Boies Flexner..., Congress is expected to pass legislation that will refuel both programs the loan amounts rather! Be published, broadcast, rewritten, or redistributed also analyzed socioeconomic, demographic and... By Company names the SBA declined to comment to the Wall Street Journal on the provides. ) had been in operation for more than $ 2 million, Treasury! Affiliated with the SBA website has made some changes to address EIDL program saw the go. Businesses in operation for more than 3.5 million loans were for more than 5 years or any government and. In Illinois 27,412 recipients received loans of $ 150,000 connecticut by ) had been in for! The five media organizations filed in may over a lack of transparency in the search, click is.

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