how to find out if someone got a ppp loan

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Finding which businesses received PPP loans If you search onFederalPay.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.

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  • 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

  • How can I track my PPP loan data?

  • This week, ProPublica, an independent, non-profit newsroom, released a new Paycheck Protection Program (PPP) tracking tool. This tool includes newly released data from the Small Business Administration (SBA), which includes lender-approved loans of $150,000 or more. The ProPublica tool offers four ways to sift through PPP loan data.

  • Is information on PPP loans available?

  • 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.

  • Why did I get a letter from the PPP loan company?

  • Some people that received these letters thought it was junk mail or a scam and threw it away. It was actually a warning sign that a fraudulent loan was taken out using the their identity, either personal or business. The PPP is a non-repayable, forgiven loan from the SBA to help business retain employees during the COVID crisis.

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