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

  • 📰 WSJ
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The Trump administration, bowing to bipartisan pressure, says it will release the names of borrowers who received PPP loans of $150,000 or more

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...

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:

 /  🏆 98. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Good

All Fed money is trump’s piggy bank. He aint going to tell you eho git the PPP free money. Give me a trillion more

On the “Stupid Scale”, the comments here are cringe worthy. The money from these loans is provided by the lender of each company. Banks loaned this money out. There is also a loan forgiveness application. Just because you get $10m in loans does not mean it’s all forgiven.

Corrupt swamp. Do they have to be pressured to show accountability and fairness?

I would like to see the churches in a list like this. Bowing to the government is an ugly color for them.

When will identities of recipients of PPP loans with details be released. A simple click will print out spread sheet. How about finding someone capable of that 'complicated ' process & can get it released Monday. Free press keep the pressure on. No delay excuses allowed.

PaulPage Why not all the data? It's our money.

Why not release the name of all recipients? We need to remind the sec. of the treasury: It's our money!!!

This is public information covered by the FOIA. What are you trying to hide? =

realDonaldTrump America demands you release ALL of the names!

Don't set any limit,if release,please release all names of borrowers,they got money means they gave up the other right, PPP need fair&transparents

Good. We need to know where all taxpayer funds go...including to press and media organizations.

Instead list the names of gigantic corporations that aren't considered small businesses but till got the PPP loan. Starting with 80mil going to planned parenthood......

profgalloway Should have done this to start

Look at the Headline.. And you wonder why people hate the media.

Sunlight is a wonderful disinfectant.

All of them?

rathore9990 CBIEnquiryForSushant CBIInvestigationForSushant ka BeingSalmanKhan kh***I hai

Yes! How dare they give our money out and NOT tell us where the money goes! Now we just need to find out if they tell us the WHOLE TRUTH about where the money went.

Great. Let’s add it up. Should clear things up quickly.

ritholtz & ReformedBroker took a bailout. Schmucks.

What’s the issue with releasing where every single dollar went? Obstruction in every single thing.

Thank you said the taxpayers of this country.

Sure after the hide the big companies from view

Betcha Trump Administration friends & supporters borrowed a bunch of $149,999.99 PPP loans.

The most important information is who got over $10M in loans. Out of $320B you are only giving me loan information for $10M to $150k. Those numbers are so far apart it has to be a scam

profgalloway Should also release details on plunge protection program

Partisan pressure? They should have just released the names like Mnuchin promised he’d do prior. WSJ lol

Mnuchin sat in a congressional drilling that there would be transparency. Everyone sighs in relief.

stevenmnuchin1 -Release the entire list. Stop hiding information .

Why only companies who got $150k or more? Did Kushner companies got several $149k free loans?

What about the banks, large companies, hedge funds and private equity groups who were bailed out through repo market & treasury SPV!! The PPP is peanuts compared to the Trillions this group received in past 9 months. What is it; $10Trillion now.

Says Trump who won’t release his taxes

We will never get this list and never know who really stole the money. You should keep pushing because they are not to be trusted. trumpisrobbingusblind

Including Trump family?

profgalloway Show me

We will see.

Nothing wrong with a little Transparency

What about the ones that received less? Knowing the history of the Trump family, it should be clear that corruption is not limited to just large amounts.

profgalloway ReformedBroker better donate that shit

All. It’s our money. We should know how it’s spent.

They legally don’t have to. But they got tired of the toddlers (leftist) whining 24/7. We need to stop caving to these toddlers.

We Americans need our Second round of Individual stimulus check! We are soedknv the $$ to make commerce’s move!

Does PPP come with liability protection? You can bet political adversaries will be sued, attacked and boycotted.

This makes me happy

Public Money = Public Disclosure

All this tells me is that a bunch of Trump LLCs got loans for less than $150k.

Even the WSJ knows America has to stay on these dogs.

The swamp relents, for once.

Steve M ugliest man ever should be in jail now!

It’s the corporations the World needs to know about

It’s taxpayer money. Every name should be disclosed.

The real list or just a transcript because the actual one is held in the ultr-classified server? Asking for a friend 🤣🤣🤣🤣

I suspect many of them will be “accidentally” left off the list.

Shame shame shame

I cannot figure out if Mnuchin is good or bad. realDonaldTrump better not have a baddie in his role or he’s complicit. WarRoomPandemic

Never forget Democrat mayors sent swat teams to shut down churches and barbershops, but let looters and antifa burn down cities.

We’ll see

But not release the info on loans above $10M right? That's where all the real grifters are.

Is it because they realize how guilty they look by not doing so? NAME AND SHAME

Yes, this should be interesting.

All of them?

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

House Democrats accuse Trump administration of violating law on small business program oversightSenior House Democrats demanded the Small Business Administration comply with Government Accountability Office requests related to the $660 billion Paycheck Protection Program, accusing the agency of breaking the law with its decision not to respond oversight requests. Yeah, what happened to the total transparency Trump's administration said they 100% supported? Sure looks Shady on their part... What you trying to hide? gop seems to generate alot of books & coverups, but not an ounce of courage or honor amongst them Hiding In My Bunker From The Feds...Damn That John Bolton!
Source: CNN - 🏆 4. / 95 Read more »

How to make a plan for your goals, no matter how big or small - 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. Bringing down costs to pay taxes. LOL Got to pay those living off others and myself so they can live rich and decadent lives on public welfare.
Source: BusinessInsider - 🏆 729. / 51 Read more »