coronavirus relief

Release of PPP Loan Recipients' Data Reveals Troubling Patterns

After months of litigation, the SBA released the dataset Tuesday night

White House adviser Jared Kushner listens as President Donald Trump speaks about the coronavirus in the James Brady Press Briefing Room of the White House, Thursday, April 2, 2020, in Washington.
AP Photo/Alex Brandon

Sweeping data released by the Small Business Administration on who benefited from pandemic relief programs raises questions about the equitability and distribution of loans intended for small businesses, an initial analysis by NBC News shows.

The analysis found that tenants paying rent at properties owned by the Trump Organization as well as the Kushner Companies, owned by the family of Jared Kushner, President Donald Trump's son-in-law and senior adviser, benefited financially from the program.

These tenants received loans, which they then were required to put toward rent for the loans to be forgiven. The data did not show that the Trump Organization received PPP loans for its properties.

CLARIFICATION : An earlier version of this article noted that tenants of the Trump Organization and the Kushner Companies received PPP loans. The Trump and Kushner companies did not themselves receive the loans, and the article has been changed to make that clear. In addition, the earlier version did not include responses from the two companies, which have been added

Read the full story on

Contact Us