PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

SBA Paycheck Protection Program Data Lookup - FederalPay

This section is a work in progress:

661,218 TOTAL PPP LOANS
4,318 TOTAL LENDERS
[TBD] AVERAGE PPP LOAN
48 AVG COMPANY SIZE

Under open government transparency guidelines, certain information on recipients of the 2020 Paycheck Protection Program loans provided by the US Small Business Administration (SBA) are a matter of public record. FederalPay.org has created a powerful search tool that allows public access to the PPP loan database.


FederalPay.org

View Industry Statistics [COMING SOON]

Statistics and visual data on PPP loans received by industry
COVID-19 SBA PPP loan search engine

View Largest PPP Loans

A table listing companies who received the largest PPP loans of more than $5M

PPP Loan Company Lookup Search Tool

Search our entire database for publicly released Paycheck Protection Program (PPP) information by location, company name, lending institution, or amount.

Information available through this dataset may include name, address, owner information, loan range, and lender for companies that received loans of $150,000 or above through the PPP.

PPP Company Loan Lists By State

Choose any state to view all publicly available information on Paycheck Protection Program loans received by companies in that state.

AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming

FAQ - Paycheck Protection Program Loan Data

What is the PPP loan and how is it calculated?

The PPP (Paycheck Protection Program) is an emergency disaster loan program administered by the SBA designed to provide funds to small businesses with under 500 employees who were affected by the 2020 Coronavirus epidemic.

Businesses who self-verified that they required the funds due to the epidemic were able to apply for a PPP loan equal to 2.5 times their average monthly payroll in 2019 (with different payroll windows available for seasonal or startup businesses). Yearly salaries are capped at $100,000 for payroll calculation purposes.

Companies can receive up to $10 million in forgivable PPP loans, and at least 4,840 companies across the US have received more than $5m.

What type of businesses qualify for the PPP?

The SBA has made the PPP available for all small businesses with under 500 employees, with some exceptions for restaurant or hospitality chains with more than 500 employees. Corporations, pass-through entities, independent contractors, and self employed individuals are all eligible for a PPP loan. Later clarification by the SBA discouraged public companies, or companies with significant assets or access to capital, from applying for the loan.

Are PPP loans forgivable or considered grants to the recipient businesses?

Recipients of the PPP loans can qualify to have their debt forgiven if within 8 or 24 weeks they use at least 60% of the funds for payroll costs, with the rest eligible to be spent on eligible business mortgage interest payments, business rent or lease payments, and business utility payments.

While there have been some concerns about the inability of certain business types to qualify for forgiveness, the vast majority of businesses are expected to have the majority or all of their PPP loan forgiven by the SBA, effectively making it a grant.

Can I view loan information for PPP loans of under $150,000?

Currently, exact loan amounts and some demographics (but not company identification) is provided for loans of under $150,000. While FederalPay attempts to provide this dataset as a public service, exactly as provided by the SBA, we cannot guarantee the accuracy or completeness of the results provided.

Why aren't exact loan amounts shown for each company?

The SBA has released loan ranges only for companies receiving $150,000 or more in PPP funds. Exact loan amounts and some demographic data has also been released for all other loans, but without company names or PII. The SBA decided to release data with these restrictions to protect potentially sensitive financial data of recipient companies, since the PPP loan is based on payroll amounts.

Why are there misspellings, duplicate records, missing data, etc in this dataset?

The PPP data published on FederalPay is directly from the US Treasury Department / Small Business Administration , which received the data from each company's lender. Any misspellings or errors present in the SBA or the lender's systems will be reflected in the data shown here.

Business owner demographic information was an optional field on most bank's PPP applications, and thus the majority of loan records (over 80%) do not include this data. The SBA may require more accurate demographic information when companies file for PPP loan forgiveness.

There are also a number of instances where companies (either accidentially or intentionally) have received duplicate PPP loans, often through different lenders. In many cases this was caused by multiple applications being submitted in attempt to secure funding.

Cancelled PPP loans - including companies that withdrew their applications or cancelled their loans after receipt - do not appear in this dataset.

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program