The Small Business Administration and Treasury Department disclosed loan-level data showing 660,000 loans on Monday, offering an in-depth look at one of the biggest economic stimulus programs ever assembled.
The Paycheck Protection Program disclosure includes the names of 660,000 small businesses and nonprofit organizations that received at least $150,000 in funding. Although that is less than 15 percent of the total number of loans, it is the most detailed disclosure yet on one of the largest economic stimulus packages created by the federal government, part of the $2 trillion Cares Act.
Concerns have been raised about whether the funds are being distributed fairly, as the SBA Office of the Inspector General concluded that the SBA did not direct private lenders to prioritize minority- and female-owned businesses when they started implementing the program. The map below allows you to explore loans of more than $150,000 and whether the recipient is located in a majority-minority area. The data does not contain exact loan amounts and instead shows ranges.
Where loans of more than $150,000 were issued
Circles are scaled by loan range.
Areas with a minority population greater than 50 percent.
Tap a bubble to see details
Questions remain, however, 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. And several of the data points appear to be inaccurate: The Washington Post identified businesses in the database that had reported returning the funds earlier, and some businesses contacted The Post to say their inclusion in the SBA database contains incorrect loan ranges.
This searchable list shows information for businesses that received loans of more than $150,000 through the program.