Baller Alert
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
Baller Alert
No Result
View All Result

Federal Judge Is Making The Trump Administration Turn Over PPP Loans Data

by RaquelHarris
November 7, 2020
Reading Time: 2 mins read
0
Trump War

(Photo by Oliver Contreras-Pool/Getty Images)

Share on FacebookShare on Twitter

A federal judge has ordered the Trump Administration to reveal the PPP loan data that it’s seemingly trying to hide.

On Thursday, federal judge James Boasberg ordered the Small Business administration to release details on loans distributed to businesses amid the coronavirus pandemic. The information that was asked for would give insight into the businesses that were given $717 billion as loans from the government, writes NBC News’ Ben Popken and Andrew W. Lehren. The judge’s order demands the agency turn over all the names, addresses, and precise loan amounts that were issued through the Paycheck Protection Program and Emergency Injury Disaster Loan program.

This move comes after dozens of news organizations filed a lawsuit claiming that the agency was breaking the law by not having the PPP loan date publicly accessible under the Freedom of Information Act. So far, the SBA has only released summarized and anonymized data for PPP loans under $150,000, NBC News reports.

This would account for about 4.5 million of the 5.2 million in total loans that were created. The agency claims that releasing the information would violate borrowers’ privacy by revealing their payroll size. When the SBA denied the FOIA requests, it claimed that it would be revealing the business’s personal information that should allegedly remain private.

James rejected the claims, saying, “the significant public interest in shedding light on SBA’s administration of the PPP and EIDL program dramatically outweighs any limited private interest in nondisclosure.” He also called SBA’s payroll privacy claim “fundamentally flawed.” He highlighted that “the PPP loan application expressly notified potential borrowers — admittedly in a form disclaimer — that their names and loan amounts would be ’automatically released’ upon a FOIA request,” and criticized that agency for offering “a series of arguments that essentially all reduce to the unavailing contention that the agency did not mean what the loan-application forms actually said.”

There are no details on whether or not Trump plans to appeal the ruling. “In response to the unprecedented challenges faced by small businesses this year, the Trump administration provided more than three-quarters of a trillion dollars in financial assistance to support impacted small businesses,” SBA Administrator Jovita Carranza said in a recent release. “SBA lending data further reflects the extraordinary commitment this administration has made to supporting entrepreneurs in underserved communities.”

Donald Trump
Oliver Contreras PoolGetty Images

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to share on X (Opens in new window) X
  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Click to share on Tumblr (Opens in new window) Tumblr
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on Pinterest (Opens in new window) Pinterest

Like this:

Like Loading...

Discover more from Baller Alert

Subscribe to get the latest posts sent to your email.

Tags: COVID-19donald trumpPPP LoansTrump Administration

Related Posts

Diddy’s Infamous Freak-Off Tapes Played in Courtroom—Jurors Left Stunned
News

Diddy Cleared of Sex Trafficking and Racketeering Charges, Convicted on Two Lesser Counts

July 2, 2025

A federal jury delivered a split decision in Sean “Diddy” Combs’ high-profile criminal case Wednesday morning, finding the hip-hop mogul...

Trump’s “One Big Beautiful Bill” Narrowly Passes Senate, Heads to House
News

Trump’s New Bill Slashes Medicaid—Millions Will Lose Coverage and Clinics Will Close

July 1, 2025

As Republicans hustle to pass Donald Trump’s “One Big Beautiful Bill” by his self-imposed July 4 deadline, a major concern...

Trump’s “One Big Beautiful Bill” Narrowly Passes Senate, Heads to House
News

GOP Just Slid Trump’s $3 Trillion Tax Bill Through the Senate—Here’s Who Wins and Who Loses

July 1, 2025

After a marathon 24-hour debate and high-stakes political wrangling, Senate Republicans have pushed Donald Trump’s “One Big Beautiful Bill Act”...

Rapper Cash Out’s Sex Trafficking Trial Reveals Graphic Abuse, Coercion, and His Mother’s Alleged Role
News

Cash Out and His Mother Accused of Witness Tampering in RICO Case

July 1, 2025

Cash Out’s legal case just took another turn. The Atlanta rapper, whose real name is John Michael Gibson, is now...

Next Post
King Von Murder Suspect Arrested

Suspect Charged With Murder In The Fatal Shooting Of King Von

Leave a ReplyCancel reply

Baller News

Subscribe To Our Newsletter

* indicates required

Follow Us

Subscribe to Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

© Copyright 2024, Baller Alert Inc. All Rights Reserved

No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
%d