In Turnabout, Small Business Administration Says It Will Disclose Names of Big PPP Borrowers - News Summed Up

In Turnabout, Small Business Administration Says It Will Disclose Names of Big PPP Borrowers


WASHINGTON— Bowing to bipartisan pressure in Congress, the Trump administration said it would release the names of borrowers who received Paycheck Protection Program loans of $150,000 or more, accounting for about 75% of funds lent through the program. The Treasury Department and Small Business Administration said Friday they would disclose business names, addresses, demographic data, number of jobs supported and other details. Specific loan amounts won’t be disclosed, but the government will place each loan in one of five...


Source: Wall Street Journal June 19, 2020 23:37 UTC



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