Bailout money bypasses hard-hit New York, California for North Dakota, Nebraska
New York Daily News (partner): https://www.nydailynews.com/news/politics/ny-federal-bailout-businesses-20200424-776jvxegorfyhi4kldjw6mmvwm-story.html
- Look up your state's data in data.csv
- Information on each key in data.csv is in dictionary.csv
- A copy of the SBA slides are in PPP Deck copy.pdf (slides are linked in dictionary.csv)
Reveal found that 58% of North Dakota’s small businesses got loans through the program. A majority of small businesses in Nebraska and South Dakota, neither of which have shelter-in-place orders, also received help. It was a different story, however, in states with high death tolls and some of the earliest stay-at-home orders prompted by COVID-19. In New York and New Jersey, just 18% of businesses got help, we found. In California that number was 15%.
Reveal’s analysis found that businesses in states that Trump won in 2016 received a far greater share of the small-business relief funds than those won by his Democratic rival, Hillary Clinton. Eight of the top 10 recipient states – ranked according to the proportion of each state’s businesses that received funding – went to Trump in 2016. Meanwhile, seven of the bottom 10 states, where the lowest proportion of businesses received funding, went to Clinton. Taken together, 32% of businesses in states that Trump won got Paycheck Protection Program dollars, we found, compared with 22% of businesses in states that went to Clinton.
Look up the percentage of small businesses in your state got help from the Paycheck Program Program in column ""J"" of the data tab in this spreadsheet
You can also find up the total number of small businesses in your state (column “E”), the number of people they employ (column “F”), and their total payroll (“G”).
Column “H” indicates the number of PPP loans small businesses in your state received and column “I” the amount of relief they got. Column “K” is the amount of money provided per employee at small businesses in the state.
- Aaron Glantz, Senior Reporter
- Soo Oh, Data Editor