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Home INTERNATIONAL U.S. Treasury, SBA to disclose names of most companies getting PPP loans

U.S. Treasury, SBA to disclose names of most companies getting PPP loans

The U.S. Treasury Section and Tiny Business Administration said on Friday they would disclose names and other specifics about corporations that get Paycheck Safety System loans of $150,000 or much more.”SBA will disclose the small business names, addresses, NAICS codes, zip codes, business type, demographic details, non-profit facts, employment supported, and mortgage total ranges” in 5 unique brackets starting up from $150,000, SBA and the Treasury explained in a assertion.These groups account for 75% of the mortgage bucks approved, it claimed. “For loans under $150,000, totals will be launched, aggregated by zip code, by business, by enterprise type, and by a variety of demographic categories,” it additional.

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