As part of our mission to promote public transparency of pandemic response funds, the Pandemic Response Accountability Committee (PRAC) today posted new data for the Paycheck Protection Program (PPP). The data was released by the Small Business Administration and the Department of the Treasury on December 1. The PRAC integrated the updated dataset for display and posting on our website, PandemicOversight.gov, alongside other federal pandemic response spending data.
The updated dataset allows users to view and explore:
- New information on PPP loans under $150,000
- For PPP loans below $150,000, borrower names that previously had been withheld are now disclosed.
- New information on PPP loans of $150,000 and over
- For loans of $150,000 and over, specific loan amounts are disclosed instead of a loan range.
- Charts featuring top lender details, industries by loan amount, and business type by loan amount
- County and congressional district information for PPP loans
- A map that shows where the money has been spent
SBA also released borrower names for certain Economic Injury Disaster Loans (EIDL) and EIDL Advance Loans. Previously reported payments for EIDL and EIDL Advance loans can be found on the PRAC website under Pandemic Response Funding and the PRAC is linking to the updated borrower information.
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The PRAC was established by the CARES Act to promote transparency and support independent oversight of the funds provided by the CARES Act and other related emergency spending bills. In addition to its coordination and oversight responsibilities, the PRAC is tasked with supporting efforts to “prevent and detect fraud, waste, abuse, and mismanagement [and] mitigate major risks that cut across program and agency boundaries.”
If you have additional questions, please contact Lisa Reijula at lisa.reijula@cigie.gov