Tax & AccountingMarch 01, 2021
Public’s First Comprehensive Look at Businesses that Received PPP & EIDL Loans During the Pandemic
Public’s First Comprehensive Look at Businesses that Received PPP & EIDL Loans During the Pandemic
The Small Business Association (SBA) yesterday published an enormous amount of data that identified millions of businesses that received PPP and EIDL loans during the pandemic. This is the public’s first comprehensive look at who used the massive aid programs.
For context, during the pandemic the SBA approved:
- $525 billion of forgivable PPP loans to 5.2 million businesses
- $194.8 billion of EIDL loans to more than 3.6 million businesses
- $20 billion of EIDL grants to 5.7 million businesses
The new PPP data from the SBA does not include canceled loans.
You can access the data by clicking on the link below.
https://sba.app.box.com/s/5myd1nxutoq8wxecx2562baruz774si6
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Related insights
IRS Provides Important Guidance for Treatment of Tax Exempt Income and Timing Of Basis Adjustments Related to PPP Loan Forgiveness
SBA Reports 400,000 PPP Loan Recipients Used the Forgiveness Application Portal: 1,300 Lenders Are Participating
SBA Announces Creation of New Website and Process to Simplify Forgiveness for $150K and Under PPP Borrowers
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