Tracker: Paycheck Protection Program Loans - AAF Browse & Search CARES Act PPP Recipients by Company names The following data was provided by the SBA & US Treasury Department showing a breakdown of all the name of companies who received PPP loans over $150,000. This advance will provide economic relief to businesses that are currently experiencing a temporary loss of revenue. He has covered economicdevelopment, commercial real estate and President Donald Trump's business. Winds WSW at 10 to 15 mph. Wealth advisors don't always know what certain small business clients are up to. Please enable JavaScript for the best experience. The program targets businesses with 500 or fewer employees. Due to address formatting issues, less than 2% of total addresses could not be geocoded.Erik Reyna, Simon Glenn-Gregg, Jason Holt, Adrin Blanco and Joe Fox contributed to this report. Unsurprisingly for quick cash requiring little documentation and honor-system assertions, fraud was rampant. Processed by banks, with JPMorgan in the lead, but mostly by financial technology companies, the loans were for payroll costs and regular business expenses, such as mortgage interest on a business's property. Pennsylvania: Pennsylvania has received over 140,000 PPP loans, totaling over $7 billion. 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. A total of . The data about businesses that have received PPP loans is available to the public online. Ohio: Ohio has received over 130,000 PPP loans, totaling over $6 billion. It's likely the tip of the iceberg: One study by three scholars at The University of Texas at Austin's McCombs School of Business estimated that as much as $117.3 billion was doled out to fraudsters. The Posts database has now been updated with data through June 2021. All data have been sourced from the SBA, which provides program information for the PPP here. 4400 Massachusetts Ave. NW Nick Schwellenbach Six Charged, Five Plead Guilty in PPP Loan Fraud Scheme In January 2021, the DOJ filed charges against six individuals who are accused of submitting fraudulent PPP loan applications that resulted in a total of approximately $3 million being disbursed under the PPP. Megan Belt, a company spokeswoman, said the company repaid the money. Loan and Guaranty Centers; Open government. Georgia: Georgia has received over 120,000 PPP loans, totaling over $7 billion. Search PPP Loan By State / Location The fate of Amtraks Gulf Coast return rests with a federal board, They couldve picked Elijah Moore, but Saints drafted Payton Turner. "And you make sure you document it.". 763 0 obj <>/Filter/FlateDecode/ID[<6F5F5BFD42793A4C92AE72F32332519F><2D420D3B107FE94C8F2922FAC5F8103D>]/Index[743 32]/Info 742 0 R/Length 103/Prev 579602/Root 744 0 R/Size 775/Type/XRef/W[1 3 1]>>stream PPP Loan Recipient List By State Washington - FederalPay People may receive compensation for some links to products and services on this website. The average company had a total of 10 employees and the average loan amount is $83,156. Level Four Group recruited a wealth program from its onetime brokerage as it made progress on its goal of doubling in size by 2025.
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