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Treasury to name 700K small businesses receiving COVID-19 government relief loans

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Photo taken on May 21, 2020 shows the U.S. Treasury Department building in Washington D.C. (Xinhua/ via Getty Images) WASHINGTON - The Treasury Department says it is releasing on Monday the names of more than 700,000 companies that received funds from the government's small business lending program, a massive effort intended to support the economy as states shut down in April to contain the viral outbreak.Treasury identified just a fraction of the total borrowers, naming only those companies that got more than $150,000.

Those firms made up less than 15% of the nearly 5 million small companies that received loans.The average loan amount for the entire program was $107,000, senior administration officials said.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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