Trump administration releases names of PPP borrowers, says program supported 51M jobs

FOX: The Trump administration on Monday disclosed the names of more than 658,000 small businesses that received taxpayer-funded loans through the $670 billion Paycheck Protection Program since its launch at the beginning of April.

The disclosures included the names of 658,277 borrowers that received forgivable loans worth more than $150,000, as well as addresses, NAICS codes, zip codes, business type, demographic data, nonprofit information and number of jobs supported.

THE FULL LIST OF RECIPIENTS IS AVAILABLE ON THE SMALL BUSINESS ADMINISTRATION’S WEBSITE. YOU CAN ACCESS THE DATA HERE

The agency did not reveal precise dollar amounts of the loans and instead provided a range for each loan. The data shows the government issued $521 billion in loans, with an average loan size of $107,000. Combined, the aid program supported about 51 million jobs, or roughly 84 percent of all employees working at small businesses, the Treasury Department and Small Business Administration said. MORE

4 Comments on Trump administration releases names of PPP borrowers, says program supported 51M jobs

  1. Democrats that spend endless hours bitching about Trump have no problem swarming the trough when money is being dispersed.

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  2. If it took the government over 500 billion in payouts to keep 51 million jobs from being lost it shows how devastating the lockdown stuff has really been to the economy.

    BTW, where are we gonna come up with all that money when the loans come due? Somebody has to pay for it someday, ya’ know.

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