PPP Loans at Trump and Kushner Properties

What happened

1. promise2020-03-27documented

   At the CARES Act signing Trump described PPP relief as support for workers and small businesses.

   • Trump White House Archives: Remarks by President Trump at Signing of H.R. 748, The CARES Act2020-03-27 · Remarks describing loans for small businesses and workers
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2. action2020-12-01documented

   SBA's PPP FOIA dataset identifies its loan-level records as disbursed PPP loans and includes borrower names, addresses and amounts.

   • U.S. Small Business Administration: Paycheck Protection Program (PPP) FOIA2020-12-01 · Loan-level disbursed-loan dataset and data dictionary fields
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3. outcome2020-12-02reported

   NBC News analysis found more than 25 loans worth over $3.65 million to businesses at Trump and Kushner real-estate addresses.

   • U.S. Small Business Administration: Paycheck Protection Program (PPP) FOIA2020-12-01 · Loan-level disbursed-loan dataset and data dictionary fields
   • Noticias Telemundo / NBC News: Préstamos PPP: fondos fueron dados a lugares en propiedades de Donald Trump y Jared Kushner2020-12-02 · Opening analysis and property-address examples
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4. limitation2020-12-10reported

   A watchdog said tenants may have used proceeds for rent, while noting released data did not establish how they spent it.

   • Project On Government Oversight: Confirming Our Fears About the PPP2020-12-10 · Trump and Kushner property-tenants paragraph and data limitation
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Amounts and affected parties

1. paymentPpp Property Address Loansmore than $3.65 million

   Paid by / source

   United States taxpayers

   Received by

   PPP borrowers at Trump or Kushner property addresses

People and organizations

• PPP borrowers at Trump or Kushner property addressesbeneficiary
• United States taxpayerspayer
• PPP borrowers at Trump or Kushner property addressesrecipient