By Sergio Hernandez, CNN Published July 20, 2020
The Paycheck Protection Program (PPP), which has approved $521 billion to help small businesses keep workers on their payrolls through low-interest, forgivable loans, has been a central pillar of the federal government’s economic response to the Covid-19 pandemic.
In July, the Small Business Administration (SBA), which operates the program and backs the loans, released detailed data on almost 650,000 active loans each worth $150,000 or more. Use this database to search the data, which represents almost $380 billion — nearly 75% — of the money awarded so far.
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Katie Lobosco, Sean O’Key, Tal Yellin, and Will Mullery contributed to this project.
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While CNN has attempted to clean this data, it may still contain errors or duplicates. If you identify information that you believe to be incorrect or outdated, use this form to let us know.
If you have information about the Paycheck Protection Program or any of the businesses or loans in this database, we’d like to hear from you. Email tips@cnn.com or, if you need to reach us securely, visit cnn.com/tips.
I have information about a company or loan in this database
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Do you have information about the Paycheck Protection Program or any of the businesses or loans in this database? We’d like to hear from you. Email tips@cnn.com or, if you need to reach us securely, visit cnn.com/tips.
The data in this database was published by the Small Business Administration (SBA) on July 6, 2020 and includes all approved, active Paycheck Protection Program (PPP) loans worth $150,000 or more. This data represents about 13% of the 4.8 million loans and about 73% of the $521 billion approved under the PPP to date. Dollar amounts represent loan amounts approved by lenders and not necessarily the amount of money disbursed to businesses.
For loans worth less than $150,000, the SBA released anonymized data by state. Data for those and cancelled loans is not included in this database.
Because the SBA released loan amounts in ranges, date, business type, industry, state and county totals represent minimum estimates. Employee totals, which the SBA refers to as “jobs retained,” refers to the number of employees as reported by the borrower and may not necessarily reflect the number of workers kept employed with PPP funds.
While CNN has attempted to clean this data, it may still contain errors. If you identify information that you believe to be incorrect or outdated, let us know.
Sources: Small Business Administration, US Census Bureau, Internal Revenue Service, Bureau of Labor Statistics