Small Business Administration Declines Loan Disclosure for Now
Federal agency says loan-level data for the Paycheck Protection Program will come later
By Rolfe Winkler & Cezary Podkul, Wall St. J., Apr. 21, 2020
The Small Business Administration rejected multiple requests on Monday for detailed information about borrowers in the new Paycheck Protection Program, saying it needed to prioritize its effort to assist businesses.
That decision means that for now the public won’t get a comprehensive look at the $350 billion rescue package intended for Main Street, amid debate over which companies should be getting the money.
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