As of July, the program has made 4,885,388 loans totalling $521.4 billion at an average size of $106,744, according to the newly released data.
Included are company names and the categorical loan amount they each received , as well as zip codes, number of jobs supported, and other self-reported demographic data. Business names will not be revealed for companies receiving less than $150,000. Other large, private firms also received loans, according to Monday's data. Many fast-food franchisees for chains like McDonald's and Wendy's took funding, as well as smaller restaurants like Chop't salad company, PF Chang's, and Ted's Montana Grill.several large businesses said they were listed in the SBA's release but had not actually received any funding.
Still, other companies say they never even applied for PPP relief funds, while others appear in the database multiple times, raising questions about the accuracy of the SBA's release.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US discloses names of many paycheck protection loan borrowers - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Trump extends Paycheck Protection Program; what owners need to know - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Lol paywall fuck u guys im unfollowing Trump's leaving a lot of debt to Biden while other countries already have the virus under control.
Source: BusinessInsider - 🏆 729. / 51 Read more »
I took out an Economic Injury Disaster Loan and will use it for taxes - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Burning Man, Bird, a16z, Yeezy among recipients of PPP loans - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »