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.

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).

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.

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.

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.

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.

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

Temporary closure and government program participation due to COVID-19. Example: Canada Emergency Business Account (CEBA), Canada emergency wage subsidy (CEWS), Export Development Canada Loan of Guarantee (EDC), by small and medium enterprises in 2020 by region, CMA level, North American Industry Classification System (NAICS), demographics, age of business, employment size, rate of growth, etc.

In 2021, a survey conducted on small and medium enterprises (SMEs) in Thailand found that **** percent of firms believed that government policies which provided financial aid helped them the most during the COVID-19 pandemic. Financial aid policies included providing loans with low interest, reducing monthly payments on loans for businesses, and pausing debt payments.

Many of your staff, grant recipients and partners may be eligible for loan forgiveness. Typically, to quality you must be employed by a U.S. federal, state, local, or tribal government, a 501(c)3 non-profit or a non-profit organization that provides a qualifying service (including military service).

You can tailor these resources to spread the word about the PSLF program. Please consider sharing in your newsletters, social media feeds or at grant recipient convenings and conferences!

Subject: Changes to Public Service Loan Forgiveness (PSLF) Program Offer More Options for Loan Forgiveness

[INSERT STATE] Employees May Now Be Eligible

The COVID-19 pandemic resulted in financial hardship for many, including members of the human services workforce. As a [INSERT STATE] employee, you may now be eligible for federal student loan forgiveness for your important public service, even if you were not eligible before.

ACF has created a PSLF landing page that includes resources for you to share. It includes the March 31 webinar

hosted by the Office of Early Childhood Development, in partnership with the Department of Education, attended by over 17,000 early educators. A webinar for the broader human services community was held on May 26th. Both recordings, as well as PDFs and Frequently Asked Questions, are housed on the site. Please help us share this news with the broader human services workforce, including all of you who work here at [INSERT STATE].

The Department of Education issued a waiver that allows you to get credit for past payments even if you didn’t make the payment on time, didn’t pay the full amount due, or weren’t on a the right repayment plan. Until Oct. 31, 2022, federal student loan borrowers can get credit for payments that previously didn’t qualify for Public Service Loan Forgiveness (PSLF). Many people in the human services sector (including those that work in government and nonprofits) qualify for this program but don’t know about it. See if you qualify

.

Because of the COVID-19 emergency, the U.S. Department of Education announced a change to Public Service Loan Forgiveness (PSLF) program rules. For a limited time, borrowers may receive credit for past periods of repayment that would otherwise not qualify for loan forgiveness. The waiver expires October 31, 2022. See if you qualify and apply today

!

Did you know that for a limited time, borrowers may receive credit for past periods of repayment that would otherwise not qualify for the Public Service Loan Forgiveness program? Read the FAQs to learn more and see if you qualify.

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Metadata-only record linking to the original dataset. Open original dataset below.

Public US Government data about financial assistance to restaurants during the pandemic. According to the Small Business Administration website

The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.

The original data and data dictionary are published here. I downloaded and minimally processed the data using this notebook.

The folder contains the data and code to reproduce the tables and figures in the paper "The Politics of the Paycheck Protection Program". Please refer to the readme file.

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.

Monthly loan figures (number of items issued) by branch library for April 2008 to present. Additional information An issue is any item issued from the library catalogue Blank means no data available In 2020, all libraries closed from 19 March included due to the coronavirus outbreak. The re-opening of our libraries remained inline with government restrictions from July 2020 and responsive to local need, with many variations during the months of the Covid-19 pandemic. All Newcastle Libraries began to re-open from 12th April 2021.

Temporary closure and government program participation due to COVID-19. Example: Canada Emergency Business Account (CEBA), Canada emergency wage subsidy (CEWS), Export Development Canada Loan of Guarantee (EDC), by small and medium enterprises in 2020 by region, CMA level, North American Industry Classification System (NAICS), demographics, age of business, employment size, rate of growth, etc.

The Russian government allocated nearly 46 billion Russian rubles from the state's reserve fund to stimulating payments to doctors during the coronavirus (COVID-19) pandemic. Furthermore, over 33 billion Russian rubles were distributed to grants for regions to increase the number of hospital beds.

For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.

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.