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.
One may also ask, are PPP loan amounts public record?
Under open government transparency guidelines, information on recipients of the $793B in forgivable government loans issued through the 2020 Paycheck Protection Program by the US Small Business Administration (SBA) are a matter of public record.
Regarding this, can I get a PPP loan if I have no employees?
Since you don’t have employees, you won’t be reporting your payroll costs for the PPP loan. … As long as your business was operational prior to February 15, 2020, you can apply to the Paycheck Protection Program.
Can you go to jail for PPP loan?
Small Business Administration.” The Small Business Administration (SBA) is the agency responsible for administering the PPP. Violations of Section 1014 carry the potential for up to a $1 million fine and 30 years of federal imprisonment.
Since any company that’s eligible to receive an EIDL loan is eligible for a grant, the process of getting the up to $10,000 advance for your business was relatively straightforward. You simply went to the SBA’s disaster loan assistance page and filled out an application.