The Lacuna Project

lacuna (n.) a gap in a record where something should be

Independent research. Not affiliated with any government, agency, or company.

Agency

U.S. Small Business Administration

Documented money flows

Findings that rest on exhibits naming this entity

  • REL-5.8: In SBA's loan-level Paycheck Protection Program files dated 30 September 2024, organizations coded NAICS 813110 (religious organizations) received 122,665 loans totaling $9.31 billion at initial approval, of which $9.09 billion was forgiven. The code covers all traditions, does not record denomination, and undercounts faith-based entities.
  • REL-5.9: The CARES Act created the Paycheck Protection Program and passed the Senate 96 to 0 on 25 March 2020, and President Trump approved it on 27 March 2020. President Biden approved the PPP Extension Act on 30 March 2021. SBA proposed removing its religious-status exclusions on 19 January 2021 and removed paragraph (k) of 13 CFR 120.110 in a final rule of 30 June 2022.

Exhibits naming this entity

  • Exhibit 460 15 April 2020. U.S. Small Business Administration: SBA Interim Final Rule, Paycheck Protection Program, 85 FR 20811
  • Exhibit 461 8 May 2020. U.S. Small Business Administration: SBA Interim Final Rule, PPP Nondiscrimination and Additional Eligibility Criteria, 85 FR 27287
  • Exhibit 462 19 January 2021. U.S. Small Business Administration: SBA Proposed Rule, Ensuring Equal Treatment for Faith-Based Organizations, 86 FR 5036
  • Exhibit 463 30 June 2022. U.S. Small Business Administration: SBA Final Rule, 13 CFR 120.110(k) removed and reserved, 87 FR 38900
  • Exhibit 464 27 March 2020. U.S. Congress: CARES Act, Pub. L. 116-136, section 1102
  • Exhibit 466 30 March 2021. U.S. Congress: PPP Extension Act of 2021, Pub. L. 117-6
  • Exhibit 467 30 September 2024. U.S. Small Business Administration: SBA PPP FOIA loan-level data (files dated 30 Sep 2024)