SBA Paycheck Protection Program (PPP) Loan Data
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The Paycheck Protection Program (PPP) was passed by congress to give relief to businesses negatively impacted by Covid-19 in order to maintain pay for employees. The program gives forgivable loans to businesses that continue paying employees during the pandemic. The PPP quickly ran out of funds, limiting which businesses received relief. Some controversy around the program arose from large, publicly traded companies applying for and receiving PPP funds while many small businesses were unable to access relief.
This dataset released by the treasury department on July 6 shows all loans above $150K given through the Paycheck Protection Program.
This dataset was posted by GovTrades, a mission-oriented organization working to increase transparency and accountability in policymaking. Check out GovTrades.org for data on stocks that elected officials buy and sell.
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