U.S. Secretary of the Treasury Steven Mnuchin testifies with Jovita Carranza, Administrator U.S. Small Business Administration during the Senate Small Business and Entrepreneurship Hearings to examine implementation of Title I of the CARES Act on Capitol Hill on June 10, 2020 in Washington, DC.
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The U.S. Treasury Department and Small Business Administration said on Friday they would disclose names and other details about businesses that take Paycheck Protection Program loans of $150,000 or more.
“SBA will disclose the business names, addresses, NAICS codes, zip codes, business type, demographic data, non-profit information, jobs supported, and loan amount ranges” in five different brackets starting from $150,000, SBA and the Treasury said in a statement.
Those categories account for 75% of the loan dollars approved, it said. “For loans below $150,000, totals will be released, aggregated by zip code, by industry, by business type, and by various demographic categories,” it added.
