Federal government outstanding loan assets as part of COVID-19 business support measures. Data is a stock measure presented at quarter end and is not adjusted for seasonality.

Due to the extensive economic disruption caused by the COVID-19 pandemic, the United Kingdom's Government created a range of measures to help support businesses survive the loss in revenues and cashflow. The help smaller businesses (SMEs), the Coronavirus Business Interruption Loan Scheme (CBILS) was set up. The scheme operates through the British Business Bank via more than ** accredited lenders including high street banks, challenger banks, asset based lenders and smaller specialist local lenders. These lenders can then provide up to ************ British pounds (GBP) in the form of term loans, overdraft, invoice finance and asset finance.

Between the **** of May, 2020 and the **** of May, 2021, the cumulative value of lending through the Coronavirus Business Interruption Loan Scheme (CBILS) reached approximately ***** billion British pounds with more than ******* facilities approved.

This dataset includes small business loans or grants issued for emergency COVID-19 financial assistance. Underlying data is provided by the Department of Small Business Services (SBS). Dollar amounts are in actual dollars.

The Paycheck Protection Program (PPP) is a nearly $1 trillion business loan program started in 2020 under the Trump administration to provide relief to businesses struggling due to the Coronavirus epidemic.

This program that was managed by the Small Business Administration (SBA) offers loans to companies based on current payroll expense. The exact amount a business qualifies for depends on a number of factors including corporate structure, but generally follows the guidelines below:

Average monthly payroll (using a maximum annual salary per employee of $100,000) * 2.5

in 2020, a judge ordered the SBA to release all data on PPP loans, even those loans made for less than $150,000.

This dataset represents only businesses who received loans of more than $150,000, and presents an interesting opportunity for researchers in the data science community. Some potential projects are listed below: - Exploring loan amounts industries and business types - Using this data as features to predict business metrics such as company size, revenue, risk of bankruptcy. - Tracking important demographic statistics related to loan amounts and any potential bias in the program.

In response to the extensive economic disruption caused by the COVID-19 pandemic, the United Kingdom's government created a range of measures to help support businesses survive the loss in revenues and cashflow. To help businesses, the Bounce Back Loan Scheme (BBLS) was set up. The scheme, which is a part of a wider package of government support for UK businesses and employees allows lenders to provide a six-year term loan from ************ British pounds up to ** percent of a business' turnover. The maximum loan amount is currently fifty thousand British pounds.

Between ************ and ************, nearly **** million businesses have been approved for finance with the cumulative value of lending through the Bounce Back Loan Scheme (BBLS) amounting to approximately **** billion British pounds.

In response to the extensive economic disruption caused by the COVID-19 pandemic, the United Kingdom's Government created a range of measures to help support businesses survive the loss in revenues and cashflow. To help mid-sized and larger enterprises with a group turnover of more than ** million British pounds, the Coronavirus Large Business Interruption Loan Scheme (CLBILS) was set up.

The scheme operates through the British Business Bank via accredited lenders, which can provide up to *** million British pounds in finance. These lenders can then provide finance in the form of term loans, revolving credit facilities (overdrafts), invoice finance and asset finance. For term loans and revolving credit facilities, finance that could be offered was increased from ** million GBP after an announcement by HM Treasury on the **** of May 2020.

Between the **** of May, 2020 and the **** of May, 2021, the cumulative value of approved facilities through the Coronavirus Large Business Interruption Loan Scheme (CLBILS) in the United Kingdom (UK) had amounted to **** billion British pounds across more than *** approved facilities.

State-guaranteed loans during the COVID-19 crisis The Government is implementing an exceptional guarantee scheme to support the bank financing of companies, up to EUR 300 billion. Until December 31, companies of any size, regardless of the legal form of the company (including companies, traders, craftsmen, farmers, liberal professions, micro-entrepreneurs, associations and foundations engaged in economic activity), with the exception of civil real estate companies, credit institutions and finance companies, will be able to apply to their usual bank for a loan guaranteed by the State to support their cash flow. ### The Business Aid Scoreboard In order to offer visibility to all French people on the allocation of aid to enterprises, the Minister for Action and Public Accounts, with the technical support of the department Etalab of the Inter-Ministerial Directorate of Digital (DINUM), make available a scoreboard of which source code is available, which proposes a consolidated vision of the support provided to companies. ### Description of the data This dataset contains the data presented on the State Guaranteed Loans tab of the dashboard. The data shall inform, at regional and departmental granularity, the following data: — the number of loans guaranteed by the State; — the total amount of loans guaranteed by the State in euros; — the sector of activity of the beneficiary companies (via a section of the NAF code).

This dataset combines all Spanish micro, small and medium firms that received ICO (Instituto de Crédito Oficial) guaranteed loans in 2020–2021 with a matched sample of non-treated peers drawn from the same NUTS-3 region and NACE Rev. 2 four-digit industry. Each firm-year record includes, treatment amount and first-treatment year, plus operational and financial metrics—employees , turnover, total assets, and interest-coverage ratio (ICR)— from 2017 to 2022. Structured as an unbalanced panel, it lets you compare how employment and turnover evolve for ICO COVID-19 supported firms versus matched controls.

Context

The Paycheck Protection Program (PPP) was passed by congress to give relief to businesses negatively impacted by Covid-19 in order to maintain pay for employees. The program gives forgivable loans to businesses that continue paying employees during the pandemic. The PPP quickly ran out of funds, limiting which businesses received relief. Some controversy around the program arose from large, publicly traded companies applying for and receiving PPP funds while many small businesses were unable to access relief.

Content

This dataset released by the treasury department on July 6 shows all loans above $150K given through the Paycheck Protection Program.

Acknowledgements

This dataset was posted by GovTrades, a mission-oriented organization working to increase transparency and accountability in policymaking. Check out GovTrades.org for data on stocks that elected officials buy and sell.

Tracking small business loans related to COVID-19.

Splitgraph serves as an HTTP API that lets you run SQL queries directly on this data to power Web applications. For example:

See the Splitgraph documentation for more information.

RRF funding aims to fill gaps in immediate working capital for small businesses and nonprofits (including cultural organizations) until they can resume more normal operations. Recipients may or may not have applied for additional funding through Small Business Administration (SBA) loans and other federal disaster relief funding sources. Using $2 million of the City’s share of Food and Beverage Tax funds that the Bloomington Common Council approved for expenditure April 7, plus $500,000 of additional support approved by the Bloomington Urban Enterprise Association on April 8, the City is providing these immediate loans of up to $50,000 each to sustain area businesses in the short term and foster the regional economy. An advisory committee was appointed by the City of Bloomington to review applications and make recommendations for funding. This committee includes representatives from banking, financial services, and community organizations. Additionally, applicants may seek support on their application by contacting the City of Bloomington at economicvitality@bloomington.in.gov. For more information about this and other Recover Forward efforts, see: https://bloomington.in.gov/recoverforward

Data in respect of Covid related Government support schemes. This includes: Coronavirus Government Co-Funded Payroll Scheme Visitor Accommodation Support Scheme (VASS) Fixed Costs Support Scheme (FCSS) Business Disruption Loan Guarantee Scheme Covid related Government support schemes are reported on in the economic indicator reports. The economic indicator reports are available here on gov.je.

The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government, led by the Donald Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self-employed workers, sole proprietors, certain non-profit organizations, and tribal businesses continue paying their workers.

The Paycheck Protection Program allows entities to apply for low-interest private loans to pay for their payroll and certain other costs. The amount of a PPP loan is approximately equal to 2.5 times the applicant's average monthly payroll costs. In some cases, an applicant may receive a second draw typically equal to the first. The loan proceeds may be used to cover payroll costs, rent, interest, and utilities. The loan may be partially or fully forgiven if the business keeps its employee counts and employee wages stable. The program is implemented by the U.S. Small Business Administration. The deadline to apply for a PPP loan was March 31, 2021.

Some economists have found that the PPP did not save as many jobs as purported and aided too many businesses that were not at risk of going under. They noted that other programs, such as unemployment insurance, food assistance, and aid to state and local governments, would have been more efficient at strengthening the economy. Opponents to this view note that the PPP functioned well to prevent business closures and cannot be measured on the number of jobs saved alone.

According to a 2022 study, the PPP: cumulatively preserved between 2 and 3 million job-years of employment over 14 months at a cost of $169K to $258K per job-year retained. These numbers imply that only 23 to 34 percent of PPP dollars went directly to workers who would otherwise have lost jobs; the balance flowed to business owners and shareholders, including creditors and suppliers of PPP-receiving firms. Program incidence was ultimately highly regressive, with about three-quarters of PPP funds accruing to the top quintile of households. PPP's breakneck scale-up, its high cost per job saved, and its regressive incidence have a common origin: PPP was essentially untargeted because the United States lacked the administrative infrastructure to do otherwise. Harnessing modern administrative systems, other high-income countries were able to better target pandemic business aid to firms in financial distress. Building similar capacity in the U.S. would enable improved targeting when the next pandemic or other large-scale economic emergency inevitably arises.

Additional Information Field: Value Created: April 5, 2022 Format: CSV License: Other (Public Domain) Size: 428.6 MiB

In 2020, more than half of Polish startups stated that due to the coronavirus (COVID-19) pandemic, they had to use governmental financial help, such as a loan to finance current operations and exemption from social security contributions. For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.

This dataset lists all companies funded through the Connecticut Recovery Bridge Loan Program. Information about the bridge loan program can be found here: https://portal.ct.gov/DECD/Content/Coronavirus-Business-Recovery/CT-Recovery-Bridge-Loan-Program

Summary data for weekly applications received

This table contains the forgiven amounts of the Canada Emergency Business Account loans made to unincorporated business, as part of the federal government COVID-19 support measures, treated as capital transfers to households, at quarterly rates and not seasonally adjusted.