Trump Administration, PPP loans
Photo from Getty images by Erin Schaff-Pool Getty Images Erin Schaff-Pool

The Trump administration has released the 658,277 names of the Paycheck Protection Program (PPP) borrowers with their addresses, business type, nonprofit information, and the number of jobs supported.

They said more than 658,000 small-businesses received taxpayer-funded loans through PPP.

The Treasury Department and Small Business Administration said the program supported around 51 million jobs in which, 84-percent of all employees are working at small-businesses.

Around five industries received a percentage from the program. This accounts to more than half of the $670 billion PPP fund.

The health care and social assistance received 12.9 percent. Professional and technical services got 12.7 percent; 12.4 percent went to construction. Manufacturing received 10.3 percent.

Restaurants, bars, hotels, and other service-oriented industries received 8.1 percent.

Members of Congress Benefited from the $670 billion

Meanwhile, at least four members of Congress received a portion from the $670 billion program funded by taxpayers' money.

PPP was part of the Trump administration's response to the current pandemic and businesses affected by the health crisis.

Businesses with less than 500 employees can avail loans of up to $10 million.

Fox reported that a small group of Republicans and Democrats have close ties to businesses that received loans.

One of the Republicans included on the list is Texas Representative Roger Williams. He is one of the wealthiest members of Congress.

He made $27.7 million fortune from several auto dealerships in Northern Texas and valuable real estate.

He received a PPP loan for an undisclosed amount for his dealership in Weatherford, Texas.

William's office told Fox News he has been "transparent and open" about receiving the loan.

Williams added the loan kept every one of his employees on a payroll.

"Those set on criticizing his family business's decision to utilize a loan to preserve jobs are really saying they would rather see Texans in the unemployment line, unable to provide for their loved ones," his office was quoted in a report.

Missouri Rep. Vicky Hartzler was also on the list. Her family owns farms and equipment suppliers across the Midwest.

Hartzler's family received a PP loan for under $2 million but it's unclear which businesses received the loans.

Hartzler said that workers of their small-businesses deserve to keep their job too. She said they should be denied that because of her position in Washington.

Democratic included on the list was Nevada Rep. Susi Lee. Her husband is the chief executive of a casino developer.

Lee's husband is the CEO of Full House Resorts. It received a $5.6 million PPP loan.

The funds are to be used to "rehire several hundred employees at Rising Star and Bronco Billy's in preparation for the reopening of these businesses."

Her office did not respond for comment.

Florida Rep. Debbie Mucarsel Powell also reportedly benefited from PPP. Her husband is an executive at a restaurant chain.

Powell's husband is an executive of the Fiesta Restaurant Group. The group received a PPP loan worth $15 million before returning it in full.

Powell's spokesperson told reporters her husband is not involved in obtaining the loan.

PPP Background

The PPP was made as part of The Coronavirus Aid, Relief, and Economic Security Act,(CARES Act). U.S. President Donald Trump signed thaw law at the end of March.

CARES Act was created to five forgivable loans to pay for the employee's salary and other expenses of small businesses.

The PPP ran out of budget in two weeks due to disorganized applications and rollout period. This pushed Congress to pass more laws to give the program another round of funds.

Trump signed into law the bill to extend PPP for another five weeks.

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