Trump administration to give Congress full virus loan data

 


WASHINGTON (AP) — After prodding from Democratic lawmakers, the Trump administration has agreed to give Congress — but not the public — complete data on the millions of small businesses that received loans from a $600 billion-plus coronavirus aid program.

Senior administration officials told lawmakers they will provide full details on the roughly 4.7 million taxpayer-funded loans worth $515 billion awarded under the Small Business Administration's Paycheck Protection Program. Their concession came with a warning to lawmakers not to divulge "confidential" loan information to the wider public.

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