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News & Press: Legislative Issues

U.S. Treasury To Make Public Certain PPP Borrowers

Monday, June 22, 2020   (0 Comments)
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Bowing to significant political pressure, the U.S. Treasury and the SBA agreed to publish the names and some information regarding Paycheck Protection Program borrowers, who have loans of $150,000 or greater. The number of companies who have taken loans at $150,000 or more is approximately 652,000.
The following information will be disclosed:
  • Business name
  • Address
  • NAICS code
  • Zip code
  • Business type
  • Demographic data
  • Non-profit information
  • Jobs supported
  • Loan amount range

The loan amount ranges shown will be:

  • $150,000-350,000
  • $350,000-1 million
  • $1-2 million
  • $2-5 million
  • $5-10 million
This is another after the fact change that is quite unfortunate. No date has been announced for this disclosure to take place.

You can click here for the Press Release.

Any questions, please contact CALPASC Director of Risk Management Bruce Wick at 760-535-9623, or bwick@calpasc.org.

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