People also ask
How can I find out if a company has received PPP?
If you search on FederalPay.org, you can look up business names or search by state or industry to learn which companies have received loans from the PPP. The Department of Justice has charged some with obtaining PPP loans through fraudulent means, which has prompted an interest in loan data. Article continues below advertisement
What is the PPP loan and how is it calculated?
What is the PPP loan and how is it calculated? 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.
What is the Paycheck Protection Program (PPP)?
Updated January 7: As we announced in summer 2020, the Small Business Administration (SBA) finally released PPP (Paycheck Protection Program) loan recipient data. As you may know, the PPP program was passed through the CARES Act to help small businesses with forgivable loans in order to keep people on payroll and save jobs.
Are SBA PPP loan recipients public information?
Under open government transparency guidelines, information on recipients of the $800B 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.