After months of litigation, the Small Business Administration finally revealed the name of every business that received a loan under the Paycheck Protection Program on Tuesday night, and early analysis reveals that a majority of the forgivable funds—intended for smaller businesses needing emergency relief for payroll, rent or mortgage expenses—actually went to bigger businesses, including some with ties to President Donald Trump and his administration.


“Many months and broken promises later, the court-ordered release of this crucial data while the Trump administration is one foot out the door is a shameful dereliction of duty and flagrant mismanagement of a program that millions of workers and small businesses needed to get through this pandemic,” Kyle Herrig, the president of government watchdog Accountable.US, said in a statement to NBC News. “Only now–after its hand has been forced, hundreds of thousands of small businesses have gone under, and millions of taxpayer dollars were wasted–has this administration pulled back the curtains to reveal the malpractice going on behind the scenes.”

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