Gabriel Dillard

published on July 7, 2020 - 3:15 PM
Written by Gabriel Dillard

The U.S. Small Business Administration this week released a ton of information about its Paycheck Protection Program, which President Trump has extended until Aug. 8 with more than $100 billion remaining to be loaned.

All told, the Treasury Department’s Paycheck Protection Program authorized $520 billion for nearly 5 million mostly small businesses and nonprofits. On Monday, the government released the names and some other details of recipients who were approved for $150,000 or more.

That amounted to fewer than 15% of all borrowers. The Associated Press and other news organizations are suing the government to obtain the names of the remaining recipients, reported the AP.

The Business Journal is pouring over the nearly half million records released for California lenders, isolating loans made in Fresno, Kings, Madera and Tulare counties.

Most have no actual business names attached to the loan records.

There will be more information coming in the July 10 print edition of The Business Journal, but here are a few details we have gleaned so far:

In the City of Fresno, $216.95 million was loaned out, helping retain more than 40,000 jobs. That number was $44.24 million in Clovis, saving 7,064 jobs.

Visalia had $60.13 million loaned, saving 8,595 jobs. Hanford had $19.99 million in loans, with 2,812 jobs retained.

Madera had $22.08 million in loans, retaining 3,814 jobs.

We will have more data available in the paper Friday, including about which banks were doing the lending.

e-Newsletter Signup

Our weekly poll

What is the single-biggest reason for a spike in violent crime in Fresno?

Loading ... Loading ...

Central Valley Biz Blogs



Article views


Sign up icon

To continue website access to

please create a FREE account OR login here.


Article views


For only $59 for one 1-year you will receive the Print edition along with EVERYTHING The Business Journal has to offer digitally, PLUS you will have unlimited 24- hour a day access to view articles at

Use Promo Code

*New Subscribers Only

Digital and Print

XX Days Remaining

until you can view 5 more free articles

Sign up icon

Want access? Subscribe now & save $20 OFF.

Use Promo Code