Pandemic Loan Programs Borrower Info Must Be Released by SBA (1)

The Small Business Administration must release detailed information about the businesses that received loans from the Paycheck Protection Program and Economic Injury Disaster Loan program, including the names of those recipients and the precise amount of each loan, a federal judge in Washington said Thursday.

The agency has disbursed $717 billion in economic relief under the two programs since the beginning of the Covid-19 pandemic, Judge James E. Boasberg said in his opinion for the U.S. District Court for the District of Columbia. That is an enormous amount of taxpayer money, exceeding the government’s Medicaid expenditures in 2018 as well ...