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FOIA News: SBA needs more time to disclose loan-specific data

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.

Read more here.