Answered By: Bobray Bordelon Last Updated: Jan 13, 2021 Views: 0
The Paycheck Protection Program (PPP) is an SBA loan intended to help businesses keep their workforce employed during the Coronavirus (COVID-19) crisis. Includes loan-level data, including business names, addresses, NAICS codes, zip codes, business type, demographic data, non-profit information, name of lender, jobs supported, and loan amounts for loans over $150,000. For loans under $150,000, ranges are provided.
The data release also includes overall statistics regarding dollars lent per state, loan amounts, top lenders, and distribution by industry. The loans have reached diverse communities proportionally, across all income levels and demographics. In addition, the data provides information regarding the sizes of participating lenders and participation by community development financial institutions, minority depository institutions, Farm Credit System institutions, fintechs and other nonbanks, and other types of lenders. It further contains data showing the reach of the program in underserved communities, rural communities, historically underutilized business zones (HUBZones), and participation by religious, grantmaking, civil, professional, and other similar organizations. Also available via the RDS Explorer and API.
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