Illustration of Covid virus next to Main Street and Wall Street signs (Photos: Shutterstock; compilation: Chris Nicholls/ALM)

The Small Business Administration (SBA) has posted details on some 4.9 million business loans tied to the $669 billion Paycheck Protection Program (PPP), which recently extended its application deadline to August 8.

The SBA information released Monday includes the names of about 650,000 entities, each of which took a loan of $150,000 or more. These larger businesses, such as P.F. Chang's China Bistro, have taken nearly 75 percent of the PPP funding that has been allocated.

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Janet Levaux

Editor-in-Chief Janet Levaux has covered the financial markets since 1991, with a focus on financial advisors since 2005. After graduating from Yale and the Johns Hopkins School of Advanced International Studies (SAIS), where she studied global economics, Janet worked as a freelance financial and business writer in Japan, and then as a reporter and editor for Investor's Business Daily and the Bay Area News Group in California. She earned an MBA in 2007 and since then has helped lead key ThinkAdvisor projects like its Neal-Award winning reporting on Ken Fisher, Luminaries awards program and Women in Wealth newsletter.  

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