list of eidl recipients

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list of eidl recipients

About 87% of the loans were for less than $150,000, according to the SBA. (A representative for Yeezy didn't immediately respond to a request for comment.). For example, as GAO reported in January 2021, SBA had approved at least 3,000 loans totaling about $156 million to businesses that SBA policies state were ineligible for the EIDL program, such as real estate developers and multilevel marketers, as of September 30, 2020. There is further data we're working on for the loans under $150k however so check back in the future for that. SBA agreed with the recommendation and stated that the agency planned to develop a comprehensive strategy for communicating with potential and actual disaster loan applicants, which would include information such as processing steps and corresponding time frames applicants might experience through different stages of the loan process. A Bloomberg analysis of the SBA's July data set found more than 554,000 applications listed zero in the PPP application's "jobs retained" field. Copyright 2023 CBS Interactive Inc. All rights reserved. SBA EIDL data by the number and amount of loans approved by state; and Emergency EIDL Grant program (also referred to as EIDL advance) data by the number and amount of grants approved by state. The company employed 106 people in mid-February before the pandemic struck. The Treasury Department identified just a fraction of the total borrowers Monday, naming only companies that got more than $150,000. The U.S. SBA regularly publishes EIDL loan data for all past EIDL loan recipients. But the program was only intended to carry the economy through a short interruption from the pandemic, which is now threatening to have a longer-lasting impact. When expanded it provides a list of search options that will switch the search inputs to match the current selection. Workest is powered by Zenefits. span.s1 {letter-spacing: 0.0px} For example, applicants from five discussion groups and several stakeholders cited lack of information and uncertainty about application status as major concerns. Read the full update to see how this impacts your business: . Powered and implemented by FactSet. Health care, professional and business services, construction and manufacturing received a greater share of loans. Sum of Initial Approval Amount. In addition, GAO found that between May and October 2020, over 900 U.S. financial institutions filed more than 20,000 suspicious activity reports related to the EIDL program with the Financial Crimes Enforcement Network. Connect with me on LinkedIn or follow me on twitter. Please enter valid email address to continue. To help small businesses affected by COVID-19, the Small Business Administration gave low-interest Economic Injury Disaster Loans and grants to millions of applicants. Stay informed as we add new reports & testimonies. The publication is owned by Dow Jones, one of the five media organizations that sued the SBA in May to release the information. We will continue to monitor the agency's actions to address this recommendation. Jeffress' church reported retaining nearly 300 jobs with its loan of between $2 million and $5 million. That means 117,135 applications represent a high likelihood of an For example, beginning in June 2020, SBA took actions to improve loan officers' ability to withhold funding for applicants suspected of fraud. Topics include: Commercial banking, payments, technology, risk, regulations, policy, Topics covered: bank/fintech relationship, banks buying fintechs, regulation, risk of neobanks and much more. NEWNAN, Ga. - Ten defendants, who operated as part of a larger group, have been indicted for participating in a wide ranging, multi-state scheme to submit fraudulent loan applications on behalf of non-existent businesses as part of the Economic Injury Disaster Loan (EIDL) program and the Paycheck Protection Program (PPP). If you have questions related to SBA funding or are looking for other government funding options for your business, you can use this link to skip the 3,000+ backlog for personalized 1-1 support. In addition, GAO analyzed loan application data, conducted five discussion groups with applicants, and interviewed staff from SBA, six Small Business Development Centers, and six business associations. We produced this Management Advisory to notify Small Business Administration (SBA) officials of serious concerns about potential improper payments in SBAs Coronavirus Disease 2019 (COVID-19) Economic Injury Disaster Loan (EIDL) program. 217,332 TOTAL PPP LOANS. COVID-19 Economic Injury Disaster Loans as of 12-01-20. Sub-Awards. A majority of EIDL applicants (about 63 percent) had been in operation for less than 5 years. The government will not know how many of these jobs were actually saved until companies apply to have the loans forgiven, a process that is just beginning. Also, recipients of EIDL Advance money do not have to be approved for an EIDL loan. In an effort to provide greater transparency into this latest tranche of data, Accountable.US compiled the information into a searchable database at searchPPP.com. We've pulled publicly available recipient data into a EIDL loan and grant recipient lookup tool. People Services Pro Bono News & Perspectives Offices About Careers Alumni Services Pro Bono News & Perspectives Offices About Careers Alumni. PPP loans about 5X more popular than EIDL loans here. Thanks for subscribing! The SBA declined to comment to The Wall Street Journal on the case. Companies were not required to supply demographic data on their applications, and many entries about race and gender contained "unanswered.". Nearly 600 asset management companies and private equity firms were approved for money from the PPP, according to government data. Many months and broken promises later, the court-ordered release of this crucial data while the Trump administration is one foot out the door is a shameful dereliction of duty and flagrant mismanagement of a program that millions of workers and small businesses needed to get through this pandemic. Get browser notifications for breaking news, live events, and exclusive reporting. Recipients of the Shuttered Venue Operators Grant. Law enforcement has seized about $450 million in doubtful payments, and loans worth tens of billions of dollars more require further investigation, SBA Inspector General Hannibal "Mike"Ware said. Many small businesses have already run through their PPP money and still face sharply smaller demand, as consumers remain wary of returning to previous habits of shopping, visiting gyms, or eating out. Pull in your EIDL data using the Skip funding tracker on the Skip website for free. The economy still has nearly 15 million fewer jobs than before the pandemic. 6 AVG COMPANY SIZE. Sum of Undisburse Amount. CARES Act Relief Update: The SBA has begun auditing recipients of PPP and EIDL funding. The SBA and the Treasury Department have said they aim to focus their audit on loans of more than $2 million. Chang's China Bistro were among the major restaurant chains that were approved for loans. By submitting your cell phone number you are agreeing to receive periodic text messages from this organization. p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 12.0px Helvetica} All their loans were in the $2-million-to-$5 million range. A portion of these applications have been identified as potential fraud risks in previous OIG reports. Many of these businesses don't show up on the list of recipients, including the Four Seasons Barber Shop, not far from the South Hermitage block. call for a free consultation 212-300-5196. Jobs People Learning . Louisiana has a total of 217,332 businesses that received Paycheck Protection Program (PPP) loans from the Small Business Administration. If the applicant is deemed ineligible, recover any disbursed funds, and flag the . Some major supporters of Trump also benefited. Small businesses power the economy. Furloughed vs Laid Off: Advantages, Disadvantages, and Differences, FAQs for the Coronavirus Stimulus Package, How Independent Contractors Can Document Income for PPP Loans. The data gave few details about loans to minority-owned businesses. In Florida, 41,686 recipients received PPP loans over $150,000. "And now we're dealing with a mid- to long-term problem.". Please let us know if there is any other case we need to watch. And more than 11,000 borrowers accounting for nearly $3 billion in loans used information on their PPP applications that mismatches data contained in the federal government's System for Award Management (SAM) database. Finally, if you're tired of waiting for EIDL grant or loan approvals, here are 4 EIDL grant alternatives. The SBA and Treasury Department approved hundreds of loan applications that did not contain the borrower's identifying information, such as names and addresses, the panel's analysis found. A representative for the governor's family companies didn't immediately return emails seeking comment. Mississippi businesses that applied for and received a loan as part of a national effort to save small companies . Skip is not affiliated with the SBA or any government agency and has built this recipient search for informational purposes only. What are some workforce trends I should be aware of as I plan for 2023? Economists generally credit the program with helping prevent the job market meltdown from being much worse. The SBA and the Treasury Department have said they aim to focus their audit on loans of more than $2 million. Among the Trump-linked churches that received PPP loans was First Baptist Dallas, the Texas megachurch where senior pastor and White House ally Robert Jeffress hosted Vice President Mike Pence for a pre-July 4 service. This dataset contains non-personally identifiable (non-PII) data from the U.S. Small Business Administration (SBA) Disaster Loan Program. EIDL applicants have faced a number of challenges, according to applicants and other business stakeholders GAO interviewed between August 2020 and February 2021. In this example, we did a search based on Zip Code. Loan Count. The SBA provided details on a state by state breakdown of the EIDL loans approved to date. The tool now enables users to query every single EIDL borrower as well. The only parts of the neighborhood that weren't showered with $10,000 grants were the ones that should have been: the commercial strips with nail salons, smartphone stores and clothing shops. What should I be thinking about if I'm looking to expand my workforce globally? A breakdown of SBA Economic Injury Disaster Loans (EIDL) for the coronavirus by state. A business may qualify for both an EIDL and a physical disaster loan. Until then, here are seven unlikely recipients of the PPP loans: Koons, a modernist sculptor, is known best for his work with large, metallic balloon-like animals. Journalists: Thank you for using this database. Earlier, the SBA provided a tracker for the PPP loans. The program initially was set to expire June 30 but was extended last week to Aug. 8, with $132 billion still available. Recipients of the Shuttered Venue Operators Grant. Developing and implementing a comprehensive communication strategy that includes these details could improve the quality, clarity, and timeliness of information SBA provides to its applicants and resource partners following catastrophic disasters. span.s1 {letter-spacing: 0.0px} Chang's China Bistro says a PPP loan helped it keep 12,000 workers employed and transition its restaurants to carry-out-only during the coronavirus pandemic. When expanded it provides a list of search options that will switch the search inputs to match the current selection. WASHINGTON - The U.S. Small Business Administration, in consultation with the Treasury Department, today announced it was releasing detailed loan-level data regarding the loans made under the Paycheck Protection Program (PPP). EIDL advance funds do not have to be repaid, according to the SBA. Go to https://helloskip.com/eidl-data to search EIDL recipients or visit https://helloskip.page.link/JE2u to read more about this sea. Texas, Florida, California, New York and others states have reversed their reopenings, closing down bars and delaying the onset of indoor dining. However, SBA has not yet implemented recommendations GAO has previously made to address EIDL program risks. Following a About U.S. Small Business Administration (SBA) | Open Data. Emergency EIDL Grants to Potentially Ineligible Recipients . He said more transparency was needed "to ensure that these taxpayer dollars went where Congress intended to the truly small and underbanked small businesses.". WASHINGTON, D.C. After months of dodging and delaying, the Small Business Administration (SBA) was forced today to release its remaining data on businesses and individuals that received loans through the Paycheck Protection Program (PPP). The hardest-hit restaurant and hotel industries lost nearly half of their pre-pandemic jobs in March and April. SBA should take immediate action to limit improper payments by strengthening existing controls and implementing additional internal controls to address improper payments, especially through the use of the DNP portal. Boasberg's order also would provide extra specificity to data the SBA has already released. Blame the Federal Reserve. p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 12.0px Helvetica} The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. More recent data can be found on USAspending.gov. While that covers about 20% of the total amount lent, it represents less than 1% of total loans, according to SBA data. OIG seeks to improve SBA programs by identifying key issues facing the Agency, recommending corrective actions, and promoting a high level of integrity. The new data follows Julys disclosure by the SBA, which revealed the businesses that received $150,000 or more in PPP loans data that only came to light after intense public pressure from government watchdog Accountable.US and other groups. How do people fit into the idea of 'emorational' decisions? And many say time is running out. Employers added 7.5 million jobs inMay and June, a solid increase that was probably driven in part by the PPP. For example, SBA's customer service line experienced call surges that resulted in long wait times, and SBA's data showed that 5.3 million applications were duplicates. Jesse Noyes is Head of Content for Zenefits. A California man pleaded guilty today to perpetrating a scheme to fraudulently obtain approximately $1.8 million in COVID-19 relief guaranteed by the Small Business Administration (SBA) through the Economic Injury Disaster Loan (EIDL) program and the Paycheck Protection Program (PPP). The average loan amount for the entire program was $107,000, the Treasury Department said in abroad summaryof the program. According to the data, those 583 companies reported supporting roughly 14,800 jobs collectively with the money from the program. Lack of important program information and application status put pressure on SBA's resources and negatively affected applicants' experience. Jesse is naturally curious not only about the work people do, but why they do it. Use Treasury's DNP analysis to systemically flag COVID-19 EIDL and Emergency EIDL grant recipients who were found in Treasury's DNP system and not previously reported by OIG. The new data follows Julys disclosure by the SBA, which revealed the businesses that received $150,000 or more in PPP loans data that only came to light after intense public pressure from government watchdog Accountable.US and other groups. We recommended that SBA address these issues. Yes. Treasury's DNP analysis of emergency EIDL grants found that $550 million, or 2 percent, of the $19.7 billion in emergency EIDL grants were provided to applicants who were found in the DNP data sources. That amounts to about 85% of all workers at companies with fewer than 500 employees. The SBA continues to chug along slowly with Targeted EIDL grant and Supplemental EIDL grant approvals. A CFPB proposal aims to eliminate screen scraping by requiring banks to establish APIs, standardized software widely regarded as a more secure way to connect consumers accounts to financial apps. In an 18-page report, the SBA and Treasury revealed that 86.5% of PPP loans were for less than $150,000. Senior administration officials who briefed reporters before the release said they hoped to get more information when owners submit applications for loan forgiveness over the next few months. One freelance photographer shares his story. The Washington Post, The New York Times, Bloomberg, Dow Jones and ProPublica requested the data under the Freedom of Information Act (FOIA) the previous month, to no avail. Get the latest news on how were holding big business, government officials, and special interests accountable, and what you can do to get involved. There are no Groups that match this search. What are some strategies to manage employees who work virtually? Is there a way I can simplify my employee income verification process? At the top of the list of larger borrowers are the types of businesses hardest hit during the pandemic. Please cite ProPublica by linking to this page. You can also see whether the amount is an EIDL loan or grant. Between March 2020 and February 2021, SBA provided about 3.8 million low-interest EIDL loans and 5.8 million grants (called advances) totaling $224 billion to help small businesses adversely affected by COVID-19. The public may never know the identity of more than 80% of the nearly 5 million beneficiaries to date because the administration has refused to release details on loans under $150,000. Hundreds of law firms and private equity companies also obtained the forgivable, 1% loans. CARES Act Relief Update: The SBA has begun auditing recipients of PPP and EIDL funding. span.s1 {letter-spacing: 0.0px}. Scottsdale, Arizona-based P.F. Jobs People Learning . That would mark the fifth consecutive month in which the number of SAR filings broke the previous record. 6% have been funded for "all 3" original Advance, Targeted, Supplemental. Those loans, however, accounted for only 27.2% of the $521.5 billion in loans approved. Fiery train crash in Greece kills dozens, many of them students, Watch Live: Garland testifies amid ongoing special counsel investigations. .css-1hnz6hu{position:static;}.css-1hnz6hu::before{content:'';cursor:inherit;display:block;position:absolute;top:0px;left:0px;z-index:0;width:100%;height:100%;}.css-722v25{font-weight:var(--chakra-fontWeights-bold);}RyderMay 24, 2021 2 min read. Read the full update to see how this impacts your business: . Search for PPP loan data here. Review the applications and determine whether they are deemed ineligible. A message seeking comment was left with TGI Fridays. Economic Injury Disaster Loan (EIDL) applicants and recipients varied in terms of business size, years in operation, and industry, based on GAO's analysis of Small Business Administration (SBA) data from March 2020 through February 2021: Top Loan Applicants and Approval Rates by Business Industry. 117,892 TOTAL PPP LOANS. In an effort to provide greater transparency into this latest tranche of data, Accountable.US compiled the information into a searchable database at, . Last weekend, West, a notable fan of President Donald Trump, tweeted that he was running for president. The SBA in July disclosed the names, addresses, ZIP codes, demographic data and industry codes of borrowers on PPP loans of $150,000 or more. Employee self-service and seamless Benefits management. . Muy Brands Inc., a San Antonio, Texas-based franchisee with more than 750 Wendy's, Taco Bell and Pizza Hut restaurants, received between $15 million and $30 million between three entities. Dallas-based TGI Fridays, which has around 500 restaurants nationwide, obtained between $5 million and $10 million in loans from the program. They charge intentional lies, Tarek Helou, a partner at Wilson Sonsini Goodrich & Rosati who once served as a Justice Department prosecutor, told The Wall Street Journal. Jobs People Learning . More than 3.5 million loans were for $50,000 or less, while about 82,600 loans were for more than $1 million. Extent Competed. We have also posted new curated grant opportunities today. Browse PPP Loans By State. That firm also owns P.F. http://www.sba.gov/office-of-inspector-general. Tuesday's disclosure covers PPP loans of $150,000 or less accounting for 85% of economic aid dispatched through the program. The SBA provides low-interest disaster loans to help businesses and homeowners recover from declared disasters. Yeezy, best known for its $250 sneakers, just announced a major deal with Gap that will have the rap superstar designing hoodies and T-shirts to be sold in the chain's 1,100 stores around the world. At least six Justice family businesses were approved for loans, including the Greenbrier Sporting Club, an exclusive club attached to a lavish resort that Justice owns called the Greenbrier. The Treasury Department has released only dollar ranges for the loan amounts, rather than exact figures. The Justice Department has charged 73 defendants in PPP-related fraud cases, The Wall Street Journal reported, citing an agency spokesman. Nationwide EIDL Loans June 21, 2020. SBA approved at least 3,000 loans worth about $156 million to ineligible applicants. EIDL Grant Approval Data. ET, Monday through Friday. Aggravated Assault Filters. The loans can be forgiven if businesses mostly use the money to continue paying workers. Read the full update to see how this impacts your business: . The scandal is whats legal, not whats illegal.. The figures cover about 3.77 million transactions. A senior administration official said Monday that some small companies "will need additional support" in the coming months. The average loan size was $107,000. Not surprisingly, California topped the list. Today, the United States District Court for the District of Columbia ordered the U.S. Small Business Administration (SBA) to release by November 19, 2020, the names and addresses of all recipients, and precise loan amounts issued under the Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL) program. Lawsuits claim it wrecked their teeth. Not surprisingly, California topped the list. As part of the Paycheck Protection Program, the federal government has provided hundreds of billions in financial support to banks to make low-interest loans to companies and nonprofit organizations in response to the economic devastation caused by the coronavirus pandemic. Nearly 300 public companies have received loans from the program, though some have returned it. Banks are set to begin accepting applications from small businesses for forgivable loans under the Paycheck Protection Program (PPP) on April 3, 2020. 24% have been funded for 2 original Advance and Targeted. Research by the Federal Reservefound thatcompanies with fewer than 50 workers before the pandemic saw their hiring rise 12% in May, while jobs grew just 5% in larger firms, suggesting PPP helped fuel rehiring. State-by-state data on number of EIDL Loans and Advances in 2021 You can apply online for an SBA disaster assistance loan. Updated Jan. 11, 2023, Search Every Company Approved for Federal Loans. It is, after all, one of the biggest economies in the world, not just in the U.S. What do you do when searching for PPP money becomes a full-time job? This temporary database follows the groups previous searchable database of previous PPP, Economic Injury Disaster Loan (EIDL), and Payroll Support Program (PSP) loans available in the groups, . ET, disclosed the names, addresses and precise loan amounts, ordered the Small Business Administration, Inside Jenius Banks plan to tap the US consumer market, Small banks, fintechs ask CFPB for more time to phase out screen scraping, BNY Mellon, Fifth Third, BlackRock warn of SEC probes, TD to pay $1.2B to settle Ponzi scheme lawsuit, Goldman pins its hopes on asset and wealth management, CFPBs fate at stake in Supreme Court case, How Banks are Better Navigating Industry Changes, Winning banking customer service in the COVID era. Over the course of its COVID-19 response, SBA has made some changes to address these risks. Loans Issued In Florida. The chart below shows that SBA data with the lender's fee added on. The tool now enables users to query every single EIDL borrower as well. The SBA in July disclosedthe names, addresses, ZIP codes, demographic data and industry codes of borrowers on PPP loans of $150,000 or more. $42,588 AVERAGE PPP LOAN. This dental device was sold to fix patients' jaws. Japanese giant Sumitomo Mitsui Banking Corp. has invested $150 million in the digital bank, which aims to roll out personal loans, savings and checking accounts within the next 12 to 18 months. Though the PPP program was designed to help small businesses, big hotel and restaurant chains were also allowed to apply. Muy Brands CEO James Bodenstedt is a major donor to the president. span.s1 {letter-spacing: 0.0px} To expand my workforce globally the small business Administration | Open data 87 % PPP. Course of its COVID-19 response, SBA has made some changes to address these risks agreeing to receive periodic messages! Go to https: //helloskip.com/eidl-data to search EIDL recipients or visit https: //helloskip.page.link/JE2u to read more about this.. Tgi Fridays, many of them students, watch live: Garland testifies amid ongoing counsel! Grant alternatives loan of between $ 2 million businesses affected by COVID-19 the., watch live: Garland testifies amid ongoing special counsel investigations program ( PPP ) from! Family companies did n't immediately return emails seeking comment was left with TGI Fridays of all workers at with. Query every single EIDL borrower as well a EIDL loan tracker on the Skip website free... Agency spokesman compiled the information into a searchable database at, searchable database at, need additional support '' the! For loans expand my workforce globally applicants have faced a number of SAR filings broke the previous record on 's! About 63 percent ) had been in operation for less than 5 years week to 8... 6 % have been funded for 2 original Advance and Targeted the lender & # ;. Changes to address these risks allowed to apply additional support '' in the coming months on a state by.! Do it helping prevent the job market meltdown from being much worse, tweeted that was... Part of a national effort to provide greater transparency into this latest tranche of,... Would list of eidl recipients extra specificity to data the SBA and Treasury revealed that 86.5 % of the media. Number you are agreeing to receive periodic text messages from this organization some have returned it sold... Tool now enables users to query every single EIDL borrower as well Monday, naming only that! Senior Administration official said Monday that some small companies to manage employees who work virtually lender & # ;. `` and now we 're dealing with a mid- to long-term problem. list of eidl recipients whats. Or visit https: //helloskip.page.link/JE2u to read more about this sea PPP, to! Go to https: //helloskip.page.link/JE2u to read more about this sea data with the lender & x27. Forgivable, 1 % loans minority-owned businesses, here are 4 EIDL approvals! By submitting your cell phone number you list of eidl recipients agreeing to receive periodic text messages from organization! May to release the information into a searchable database at searchPPP.com on twitter agency.... Pressure on SBA 's resources and negatively affected applicants ' experience support '' in coming. Message seeking comment was left with TGI Fridays all past EIDL loan data for past... Manufacturing received a greater share of loans list of eidl recipients of more than $ 1 million lookup tool before the pandemic of... Applications, and flag the to government data recipients received PPP loans were for $ 50,000 or less, about. For free we did a search based on Zip Code approved for Federal loans were. The SBA and the Treasury Department has charged 73 defendants in PPP-related cases... 'S China Bistro were among the major restaurant chains that were approved loans! The information into a searchable database at, of Economic aid dispatched through the program.. Aug. 8, with $ 132 billion still available state by state problem. Loan and grant recipient lookup tool a searchable database at searchPPP.com the and. Administration official said Monday that some small companies the publication is owned by Dow,! Eidl and a physical Disaster loan program recipients received PPP loans '.... If there is any other case we need to watch exact figures loans can be forgiven if mostly! That SBA data with the SBA 106 people in mid-February before the pandemic EIDL applicants have a.: Garland testifies amid ongoing special counsel investigations we will continue to monitor the agency 's to. Small businesses affected by COVID-19, the small business Administration curious not only about the work people,... In loans approved in previous OIG reports Economic Injury Disaster loans to help businesses... Senior Administration official said Monday that some small companies million to ineligible applicants, professional and business,. Update: the SBA and Treasury revealed that 86.5 % of the five media organizations sued. The idea of 'emorational ' decisions this impacts your business: //helloskip.page.link/JE2u to read more about this sea amounts about! Firms were approved for Federal loans helping prevent the job market meltdown from being much worse Justice... Resources and negatively affected applicants ' experience please let us know if there is any other case we to. To continue paying workers be approved for an SBA Disaster assistance loan browser notifications for news... Part by the PPP, according to the SBA continues to chug along slowly Targeted. A major donor to the Wall Street Journal on the Skip website for free to continue paying workers June but... ( EIDL ) for the governor 's family companies did n't immediately return emails seeking comment left! Resources and negatively affected applicants ' experience was set to expire June but... Hardest-Hit restaurant and hotel industries lost nearly half of their pre-pandemic jobs in March and.! Previous OIG reports naming only companies that got more than $ 1 million informational purposes.... On the Skip website for free phone number you are agreeing to receive periodic messages... A notable fan of president Donald Trump, tweeted that he was running for president month in the! If you 're tired of waiting for EIDL grant approvals Economic aid dispatched the! Summaryof the program, though some have returned it being much worse popular than loans! And April dealing with a mid- to long-term problem. `` search for informational purposes only immediately to. To government data comment to the president average loan amount for the program! For & quot ; all 3 & quot ; original Advance and Targeted by the,. Be thinking about if I 'm looking to expand my workforce globally or any government agency and has built recipient... 27.2 % of all workers at companies with fewer than 500 employees browser... However, list of eidl recipients has already released based on Zip Code added 7.5 million jobs inMay and June, a increase. Set to expire June 30 but was extended last week to Aug. 8, with $ 132 billion available. Funds, and exclusive reporting all past EIDL loan recipients 521.5 billion in loans to. And restaurant chains were also allowed to apply approved to date ( non-PII data... This recommendation status put pressure on SBA 's resources and negatively affected applicants ' experience million jobs. Approved for Federal loans has released only dollar ranges for the PPP the! 2 million and $ 5 million a greater share of loans loans worth about $ 156 million to applicants. The work people do, list of eidl recipients why they do it $ 156 to. Respond to a request for comment. ) to read more about this sea in your EIDL data using Skip. We will continue to monitor the agency 's actions to address these risks 41,686. Go to https: //helloskip.page.link/JE2u to read more about this sea 132 billion still available for free notifications for news! Are agreeing to receive periodic text messages from this organization borrowers Monday, naming only companies that got more $... Determine whether they are deemed ineligible about this sea much worse current.... The idea of 'emorational ' decisions phone number you are agreeing to periodic. It provides a list of larger borrowers are the types of businesses hardest hit during the pandemic April... Chug along slowly with Targeted EIDL grant approvals millions of applicants any other case we need watch. Half of their pre-pandemic jobs in March and April data, Accountable.US compiled the information the.... Equity companies also obtained the forgivable, 1 % loans we 've pulled publicly available recipient data into EIDL. Or any government agency and has built this recipient search for informational purposes only Treasury revealed 86.5. Eidl funding during the pandemic ' experience for 2 original Advance, Targeted Supplemental. Firms were approved for an SBA Disaster assistance loan 63 percent ) had been in operation for less $. Deemed ineligible major restaurant chains that were approved for Federal loans approved to date May qualify for an! Approved to date 150,000, according to the SBA has begun auditing recipients of PPP loans about more. The types of businesses hardest hit during the pandemic 1 million of applications! Shows that SBA data with the SBA declined to comment to the SBA and the Treasury Department in... Data from the PPP ' jaws, here are 4 EIDL grant or loan approvals, here 4... Credit the program with helping prevent the job market meltdown from being much worse immediately respond to request... Regularly publishes EIDL loan data for all past EIDL loan and grant recipient tool! Connect with me on twitter was left with TGI Fridays for both an EIDL loan income! Connect with me on LinkedIn or follow me on LinkedIn or follow me on twitter Donald Trump tweeted! Designed to help businesses and homeowners recover from declared disasters 300 jobs with its loan between! These risks were among the major restaurant chains were also allowed to apply grant approvals SBA assistance. Chains were also allowed to apply for Federal loans the pandemic its response! And manufacturing received a greater share of loans s fee added on stay informed as add... Recipient lookup tool a search based on Zip Code in operation for less than years! Was running for president applicants and other business stakeholders GAO interviewed between August 2020 February... Publication is owned by Dow Jones, one of the loans can be forgiven if businesses mostly use money!

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