The Small Business Administration has released additional data about loans issued under the Paycheck Protection Program, complying with a federal court order as part of a lawsuit by The Washington Post and other media organizations.
The data includes the exact amounts for more than 600,000 small businesses and nonprofit organizations that received at least $150,000 in loans, providing the most detailed disclosure yet about one of the largest economic stimulus packages created by the federal government, part of the $2 trillion Cares Act. The data also includes the names of entities receiving less than $150,000, which represent about 87 percent of the total number of loans in the program.
[More than half of small-business loans went to larger businesses, new SBA data shows]
This searchable list shows information for businesses that received loans of more than $150,000, as reported by the SBA.
Look up loans of more than $150,000
KAKIVIK ASSET MANAGEMENT, LLC
All Other Professional, Scientific, and Technical Services
ARCTIC SLOPE NATIVE ASSOCIATION, LTD.
CORVUS AIRLINES INC
Scheduled Passenger Air Transportation
SOUTH PENINSULA HOSPITAL INC
General Medical and Surgical Hospitals
TYONEK GLOBAL SERVICES, LLC
TYONEK WORLDWIDE SERVICES, INC.
Other Support Activities for Air Transportation
COPPER RIVER SEAFOODS, INC.
Seafood Product Preparation and Packaging
MATANUSKA TELEPHONE ASSOCIATION
Wired Telecommunications Carriers
I. C. E. SERVICES, INC
Food Service Contractors
TATITLEK TECHNOLOGIES, INC.
Data Processing, Hosting, and Related Services
The SBA previously released records related to loans of more than $150,000 but withheld specific amounts and reported the amounts in ranges. The agency also withheld the identities of borrowers receiving PPP loans of less than $150,000 and records related to a separate loan fund called the Economic Injury Disaster Loan program, prompting a lawsuit under the Freedom of Information Act by The Post and 10 other media organizations.
In a memorandum justifying the D.C. federal court’s opinion, Judge James E. Boasberg noted that despite the SBA’s claims that loan information was confidential business information, the PPP loan application stated that the names of borrowers and amounts of loans would be “automatically released” in response to a FOIA request.
He also ruled that the privacy concerns of borrowers wishing to remain anonymous were outweighed by the public interest in discovering fraud, waste or abuse of taxpayer money, noting that the Justice Department had charged more than 50 people with fraudulently obtaining PPP loans that resulted in at least $80 million in losses.
Concerns have been raised about whether the funding is being distributed fairly, as the SBA Office of the Inspector General concluded that the agency did not direct private lenders to prioritize minority- and female-owned businesses when it started implementing the program.
The map below allows you to explore loans of more than $150,000 and see whether the recipient is located in a majority-minority area.
Where loans of more than $150,000 were issued
Circles are scaled by loan range.
Areas with a minority population greater than 50 percent.
Questions remain about how the program has affected jobs, especially because of the incomplete and sometimes confusing aspects of the data. Among the loan recipients, 48,922 reported zero as the number of jobs they would retain with the money, and 40,506 applicants appeared to leave that section blank.