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Which companies got small business loans?

Posted on December 1, 2022 by Author

Table of Contents

  • 1 Which companies got small business loans?
  • 2 Is there a public list of who received PPP loans?
  • 3 Can Public Companies get SBA loans?
  • 4 Are PPP loans public information?
  • 5 Are PPP applications public record?
  • 6 Can a public company qualify for a PPP loan?

Which companies got small business loans?

Companies that have disclosed receiving Paycheck Protection Program loans

Company Market Cap (millions) Employees
AutoNation, Inc.* $3,010.00 25,000
Shake Shack Inc.* $1,744.26 7,603
Accelerate Diagnostics, Inc. $534.62 275
MiMedx Group Inc. $410.67 753

Is there a public list of who received PPP loans?

If you’re looking to check who’s received EIDL grants, EIDL loans, or PPP loans, the SBA has made recipient data publicly available. This information was outlined recently in the SBA Inspector General Identity Theft and Fraud Report.

Can Public Companies get SBA loans?

More than 100 public companies tap SBA aid program for loans totaling $550M. More than 100 publicly traded companies have taken advantage of the Small Business Administration’s Paycheck Protection Program, the federal COVID-19 relief loan package designed to help small businesses retain employees.

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How do I get investors for my small business?

Here are our top 5 ways to find investors for your small business:

  1. Ask Family or Friends for Capital.
  2. Apply for a Small Business Administration Loan.
  3. Consider Private Investors.
  4. Contact Businesses or Schools in Your Field of Work.
  5. Try Crowdfunding Platforms to Find Investors.

Did Walmart get PPP loan?

$ PPP Loan Information Walmart Associates in Sunrise, FL received a Paycheck Protection Loan of $35,000 through Celtic Bank Corporation, which was approved in May, 2020.

Are PPP loans public information?

The PPP is an emergency loan program administered by the Small Business Administration. Historically, information on all loans issued by the SBA is publicly available information and subject to release under the Freedom of Information Act.

Are PPP applications public record?

The PPP loan program is a major government spending initiative, launched in response to the economic disruption caused by the coronavirus pandemic. It is a public record, and the application forms for the loans noted that the information could become public.

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Can a public company qualify for a PPP loan?

While intended to primarily benefit businesses with 500 or fewer employees, there are exceptions for affiliated businesses and franchises that have allowed much bigger businesses–including publicly traded companies–to obtain loans and deplete limited PPP funds.

What businesses are not eligible for SBA loans?

Ineligible businesses include those engaged in illegal activities, loan packaging, speculation, multi-sales distribution, gambling, investment or lending, or where the owner is on parole.

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