The sum total of loans amounts to in excess of $521 billion, and in a statement, Treasury Secretary Steve Mnuchin remarked, "The PPP is providing much-needed relief to millions of American small businesses, supporting more than 51 million jobs and over 80 percent of all small business employees, who are the drivers of economic growth in our country. Previously, the SBA announced $15 billion in loans worth more than $150,000 had gone to 26,000 businesses, an average of $577,000. The bill Congress passed to replenish the program in April included $60 billion specifically for small lenders in response to concerns about businesses without a traditional banking relationship accessing loans. Democrats have sought assurances programs established to help Main Street sufficiently reach those who most need it. Journalists: Thank you for using this database. Companies said that the funding supported more than 51 million jobs. amzn_assoc_placement = "adunit0"; According to this data, from the Small Business Administration, 18,177 Massachusetts small businesses received PPP loans, which the companies claim retained 738,613 jobs. amzn_assoc_region = "US"; Evo Transportation & Energy Services, Inc. Are You Asking It Already? Restaurant chains P.F. After those funds quickly ran out, the government replenished the program with an additional $310 billion. We want to hear from you. Denlinger said that the federal government also should move to undo a new IRS determination that will likely mean that businesses that took out PPP loans could get an unpleasant surprise when they do their taxes. Two weeks ago, the IRS handed down guidance indicating that business expenses paid using PPP loans cant be used as deductions for tax purposes. So did theLos Angeles Lakers. The bill Congress passed to replenish the program in April included $60 billion specifically for small lenders in response to concerns about businesses without a traditional banking relationship accessing loans. Company Name City State ZIP PPP Loan Jobs Industry ; Accurate Background, LLC: IRVINE : CA: 92618 : $10,000,000 : 500 : Investigation Services : Akash Management, LLC: Help us crowdsource fraud detection in the PPP program! Its make or break time for many of them, he said. The Trump administration on Monday disclosed the names of many small businesses which received loans under a program intended to blunt the economic damage from the coronavirus pandemic. More than $30 billion in loans were returned overall, senior administration officials who declined to be named said Monday. Graphics by CNBC's John Schoen. Sign up now to get our FREE breaking news coverage delivered right to your inbox. All Rights Reserved. U.S. Imports and Bills of Lading for Car Sound Exhaust System Inc. Electrical Contractors and Other Wiring Installation Contractors, Plumbing, Heating, and Air-Conditioning Contractors, Administrative and Support and Waste Management and Remediation Services, Advanced Chemical Transport, Inc., A California Corporation, Photographic Equipment and Supplies Merchant Wholesalers, Commercial Printing (except Screen and Books), Professional, Scientific, and Technical Services, Other Support Activities for Air Transportation, Other Aircraft Parts and Auxiliary Equipment Manufacturing, JPMorgan Chase Bank, National Association, Allen Matkins Leck Gamble Mallory & Natsis LLP, All Other Basic Organic Chemical Manufacturing, New Single-Family Housing Construction (except For-Sale Builders), Offices of Physicians (except Mental Health Specialists), Offices of All Other Miscellaneous Health Practitioners, Wireless Telecommunications Carriers (except Satellite), Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology), Professional and Management Development Training, Poured Concrete Foundation and Structure Contractors, Commercial and Institutional Building Construction, Blood Bank Of San Bernadino And Riverside Counties Dba Lifestream, Coastal and Great Lakes Passenger Transportation, Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers, Administrative Management and General Management Consulting Services, Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers, Women s, Girls , and Infants Cut and Sew Apparel Manufacturing, All Other Professional, Scientific, and Technical Services. The House of Representatives followed the Senate in passing a measure Wednesday to extend the programs application deadline from June 30 to Aug. 8. When the government spends money, taxpayers deserve to know how it was spent, Clarion Ledger Editor Marlon A. Walker says. Hubwonk host Joe Selvaggi talks with Cato Institute Vice President Ilya Shapiro about the recent Supreme Court vaccine mandate rulings and what they tell us about the limits of executive branch power and the sitting justices views on the guidance of the U.S. Constitution. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Treasury Secretary Steven Mnuchin sparked an outcry from Democratswhenheoriginallyimplied that theTrump administration would not disclose the names of participants. Once a Skeptic, Elon Musk Now Embraces This Divisive Workplace Policy and You Should, Too. Larger and public companies initially took advantage of loosely written language to tap the funds for themselves. They and many more companies ultimately returned the money after public outcry. According to this data, from the Small Business Administration, 18,177 Massachusetts small businesses received PPP loans . Newly released federal data show hundreds of emergency Paycheck Protection Program loans went to help the smallest of Johnstown businesses as they fought through the COVID-19 economic shutdown. Just more than 25% of the businesses that got loans of less than $150,000 in Pennsylvania listed zero or didnt submit an answer to explain how many jobs the loans were supposedly helping to save. amzn_assoc_ad_mode = "search"; There is an error in the URL entered into your web browser. amzn_assoc_linkid = "c75442d0d4370a33d983612287104ca1"; Mortgage rate soars closer to 5% in its second huge jump this week, Tight March labor report could lead Fed to a 50-basis point rate hike, Constellation Energy is a safe buy among nuclear energy stocks, Jim Cramer says, Jim Cramer says to buy FAANG stocks next time analysts say theyre not investable, whenheoriginallyimplied theTrump administration would not disclose the names of participants, More than $30 billion in loans were returned overall, forced to close shop as result of the pandemic, Why Mark Cuban admires Tesla and SpaceX CEO Elon Musk, Mnuchin flexes muscles over airline grants a taste of what other companies face, Cryptocurrency exchange Binance to launch NFT marketplace, GM redesigns corporate logo as it focuses on electric vehicles, Volatile September likely to be followed by rocky October as investors grapple with several risks, Airlines cancel another 1,400 flights as omicron, severe weather continue to snarl travel, US durable goods orders August 2019: US core capital goods orders unexpectedly fall in August, How to estimate your monthly payments for 2022, U.S. Covid fatalities reach highest level in a year as omicron cases subside, Nikola founder sues Utah businessman for defamation over tweets about women, Netflix had little-to-no impact from Disney+ launch: download data, FDA asks Emergent plant to pause manufacturing during probe of botched Covid vaccines, Comcast says Universal theme parks could break even in 2021. The disclosure comes amid demands from Democrats for more transparency around the funds established as part of the $2 trillion CARES Act signed into law this spring. More than 3,500 state businesses got loans worth more than $1 million, while 103 businesses and other entities took out PPP loans worth exactly $150,000. You have permission to edit this article. But the businesses reported the total when they applied for loans, and it is unclear how many of those employees stayed on the payroll. 1,270,617 TOTAL PPP LOANS . Not sure where to start? The average loan is $107,000. The program provided those loans to 146,000 state businesses, an average of just under $35,000 per business. Developed by, One UMass System, Different Reopening Plans. This web tool allows you to track PPP loans by recipient, lender, location, industry, and loan range. The U.S. SBA regularly publishes PPP loan data for all past PPP loan recipients. Businesses in economically distressed areas as designated by the SBA got nearly 23% of the loan money, while companies in rural areas received about 15% of the funds. [CNBC will update when more information on the specific recipients is available. U.S. Imports and Bills of Lading for Amyris, Inc. U.S. Imports and Bills of Lading for Atv, Inc. U.S. Imports and Bills of Lading for Bird Rides, Inc. U.S. Imports and Bills of Lading for Building Material Distributors Inc, U.S. Imports and Bills of Lading for Byer California. Pornhub Will Now Check Government IDs in This State. Has the curve flatten in my town? Rainfall near a quarter of an inch. TGI Fridays, which is backed by private equity firm TriArtisan Capital Advisors, received at least $5 million. At this point, theres no obvious indication that Congress is going to act on it, Denlinger said. (Updated). Chang's China Bistro and Chop't received aid of between $5 million and $10 million. Industries getting the largest share of net PPP dollars were health and social assistance, professional, scientific and technical services, construction and manufacturing. Heatmap of PPP Loans by Zip Code in California, Number of Loans Issued by Date in California, Summary of PPP Loans by County in California, Top 25 Cities in California by Number of PPP Loans. 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. Your email address will not be published. LIST OF ALL PPP LOANS IN California. The Small Business Administration has released a list of businesses that have received emergency pandemic loans. Loan Business Location Jobs Retained Loan Approved NAICS Description; $5-10 million: 220 Laboratories, Inc. Riverside, CA 92507: 500: . California PPP Loans; PPP Loan Recipient List By State California. Treasury Secretary Steven Mnuchin speaks as U.S. President Donald Trump and White House senior adviser Ivanka Trump listen during an East Room event highlighting Paycheck Protection Program (PPP) loans for small businesses adversely affected by the coronavirus disease (COVID-19) outbreak, at the White House in Washington, U.S., April 28, 2020. Readers can access the data on the Small Business Administrations website here]. Find Latest SBA PPP Loan Details Search by Business name, city, state, loan amount etc Search Loan Details And a cursory scan through the available documents (as user-unfriendly as the process of downloading and parsing through them might be) indicates a very small minority of owners willingly answered questions about their race, ethnicity or gender, and that a minority of overall respondents identified their businesses as black-owned or female-owned. Businesses in California ,Texas and New York that received loans reported having about 4.1 million, 2.7 million and 2 million total employees, respectively. Click on a company's name to see additional loan details. More than $30 billion in loans were returned overall, senior administration officials who declined to be named said Monday. See the guide Sign up for free newsletters and get more CNBC delivered to your inbox. In November, U.S. District Court Judge James Boasberg agreed, saying there was significant public interest in shedding light on who got the Paycheck Protection Program loans. CNBC's Kate Rogers, Betsy Spring, Kevin Breuninger and Kayla Tausche contributed to this report. With food prices still going up, are you doing without specific foods. It was literally the lifeline that kept thousands of businesses afloat, said Gordon Denlinger, state director for the National Federation of Independent Businesses in Pennsylvania. Chao is the wife of Senate Majority Leader Mitch McConnell, R-Ky. Perdue Inc., a trucking company co-founded by Agriculture Secretary Sonny Perdue, was approved for $150,000 to $350,000 in loan money. Divining Covids Community Conundrum, https://pioneerinstitute.org/wp-content/uploads/Copy-of-education-report-8.png, https://pioneerinstitute.org/wp-content/uploads/Copy-of-telehealth-post-2.png, Study rates every states telehealth laws for patient access and ease of providing services, https://pioneerinstitute.org/wp-content/uploads/Copy-of-Science-Education-Resources-During-COVID-19-1.png, https://pioneerinstitute.org/wp-content/uploads/TRACKER-1.png, Copyright 2022 Pioneer Institute. Rep VickyHartzler, R-Mo., on Thursday disclosed that her family's businesses received nearly $480,000. Search more than 11 million loans approved by lenders and disclosed by the Small Business Administration. Specialized Freight (except Used Goods) Trucking, Local, Offices of All Other Miscellaneous Health Practitioners, Offices of Physicians (except Mental Health Specialists), Plumbing, Heating, and Air-Conditioning Contractors, Outpatient Mental Health and Substance Abuse Centers, Other Activities Related to Credit Intermediation, Nursing Care Facilities (Skilled Nursing Facilities), Internet Publishing and Broadcasting and Web Search Portals, Other Support Activities for Air Transportation, All Other Professional, Scientific, and Technical Services, Other Aircraft Parts and Auxiliary Equipment Manufacturing, Dry, Condensed, and Evaporated Dairy Product Manufacturing. Democrats have sought assurances that programs established to help Main Street sufficiently reach those who most need it. Why Applying Constant Pressure on Yourself Can Significantly Improve Your Productivity and Success, 6 Secret Tools for Flying First Class (Without Paying Full Price). Click on a company's name to see additional loan details. SBA reveals full list of recipients of PPP loans. https://pioneerinstitute.org/wp-content/uploads/Hubwonk-Template-59.png, Am I Contagious? All rights reserved. amzn_assoc_tracking_id = "201951-20"; Christopher A. Parris, 41, formerly of Rochester, New York, and currently of Lawrenceville, Georgia, pleaded guilty today to conspiracy to commit mail fraud related to a Ponzi scheme, as well as to wire fraud involving the fraudulent sale of purported N95 masks during the pandemic. Those loans represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. Got a confidential news tip? https://pioneerinstitute.org/wp-content/uploads/Hubwonk-Template-60.png. Colleges, Universities, and Professional Schools, California Skin Institute Intermediate Holdings, LLC, Catholic Charities Cyo Of The Archdiocese Of San Francisco, Other Services (except Public Administration), Specialty (except Psychiatric and Substance Abuse) Hospitals. The report highlights telehealth policy best practices for states. But the businesses reported the total when they applied for loans, and it is unclear how many of those employees stayed on payroll. All rights reserved. Temps nearly steady in the mid to upper 30s. A new report from Reason Foundation, Cicero Institute and Pioneer Institute rates every states telehealth policy for patient access and ease of providing virtual care. on Thursday disclosed that her familys businesses received nearly $480,000. The House of Representatives followed the Senate in passing a measure Wednesday to extend the program's application deadline from June 30 to Aug. 8. 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