Blog
Covid Fraudsters Beware: New Legislation Gives Prosecutors More Time to Find You
Better American Rescue Plan Spending Data Exists, But Treasury is Holding It Up
New White House Report Catalogs ARPA’s Strengths
Lessons Learned from the Paycheck Protection Program: A Way Forward for an Equitable COVID Recovery
The Restaurant Revitalization Fund Should Have Stronger Oversight if More Funds are Approved
Covid Stimulus Watch Now Contains Recipient Data from the American Rescue Plan
One City Sets an Example for Tracking Local Pandemic Spending
Sunshine Week: Transparency and Pandemic Spending
The Treasury’s Final Rule on Economic Development is Only a Win if it’s Enforced
PPP Loan Forgiveness Disclosures Reveal Many Dubious Beneficiaries
New Year’s Resolutions: Our Five Wishes for States’ ARPA Transparency
Federal Dollars, States’ Recoveries: How Poorly Most States are Disclosing CARES ACT Spending
New York State Website Makes it Impossible to Track COVID Spending
Some States Prove: American Rescue Plan Act (ARPA) Money Can Be Spent Well
Rescue Plan Showers States and Localities with $350 Billion; Tax Cuts or Building Back Better
Private Equity-Backed Companies Added to List of Unnecessary CARES Act Recipients
Big Bucks, Vague Rules: States Fail to Disclose their CARES Act Spending
As part of the $2.2 trillion pandemic relief CARES Act enacted in spring 2020, states received $150 billion in general assistance via the Coronavirus Relief Fund. Within limits tied to the pandemic, the Relief Fund is meant to be flexible, and allowing states, U.S. territories, and tribal governments to direct money where it is most needed.
In exchange for the money – no state got less than $1.25 billion – governments are required to document how they are spending it. Unfortunately, the rules governing that disclosure are very vague, and many states are failing to disclose their uses.
Private Detention Facility Operators, Prison Contractors Receive PPP Loans
Millions of PPP and EIDL Loans Escape SBA Review, Government Report Finds
American Rescue Plan Provides $200 Million for Pandemic Oversight Efforts
American Rescue Plan Delivers Almost $107 Billion in Aid to Businesses
Disparities in CARES Act Funding for Florida Schools
January 2021 PPP Loans Now Available on Covid Stimulus Watch
February 23, 2021--In early February, the SBA released data on more than 891,000 Paycheck Protection Program (PPP) loans issued since the reopening of the program on January 11. Of this new tranche of loans, roughly 106,000 were of $150,000 or more, amounting to $45 billion in sum. Those new loans of $150,000 or more are now available on Covid Stimulus Watch.
Since December, the SBA has disclosed exact dollar amounts for all PPP loans in its data releases. The new batch of loans, as well as previous loans, are available on Covid Stimulus Watch with exact loan values, allowing for more
Austerity for Whom?
SBA Releases Data on 900,000 Second Round PPP Loans, Smaller Loans and Fewer Jobs Saved
Updated PPP Loans Now Available on Covid Stimulus Watch
PPP Extension Retains Flaws at Workers’ Expense
Disparities in CARES Act Funding for West Virginia Schools
WARN Act findings highlight job retention deficiencies with PPP, and workers pay the price
Disparities in CARES Act Funding for Pennsylvania Schools
Covid Contractors and the Fraudsters
Covid Stimulus Watch Adds $12 Billion in Federal Contracts Related to Pandemic Relief
CARES Act Monies Go to Companies that Have Defrauded Uncle Sam, Stolen Wages, Broken Health & Safety Rules
Private and Charter Schools Receive Approximately $5.7 Billion in PPP Loans, Raising Questions About Equity in Education
The Corporate Culprits Receiving Covid Bailouts
Who Is Hogging Covid Stimulus Funds?
Big Business and the PPP
Covid Stimulus Watch Adds $60 Billion in Economic Injury Disaster Loans
By Mellissa Chang
Covid Stimulus Watch now contains award information for almost 400,000 Economic Injury Disaster Loan (EIDL) payments from the CARES Act, amounting to more than $60 billion in loans. To date, the Small Business Administration has approved approximately $164 billion in EIDL loans, roughly half of its $360 billion allocation, to almost 3 million business. Of these loans, 80% were less than $150,000 and the average loan amount was just over $62,000.
Due to the high volume of loans and the relatively small size of most loan amounts, the Covid Stimulus Watch database only
Foreign-Owned Regulatory Violators Found Among PPP Recipients
Double-Dipping by PPP Healthcare Loan Recipients
The Paycheck Protection Program and Wage Theft
Covid Stimulus Watch Adds New PPP Data
New Federal Reserve Data Is Up on Covid Stimulus Watch
Covid Stimulus Watch Expands Coverage to Airports, Public Broadcasting Stations and More
Covid Stimulus Watch Posts Updated HHS Data on Aid to Hospitals
by Phil Mattera
The Department of Health and Human Services keeps updating the list of hospitals and other medical facilities receiving aid through the Provider Relief Fund. At Covid Stimulus Watch we scramble to capture the latest data and link the facilities listed by HHS to their health system parent entities.
HHS posted two updates to the list this week, and we have just finished adding our parent links to the data, which is now live on our site. We now include more than 11,000 grants of $500,000 or more from the program. These have a total value of $45 billion. For more info, see
Covid Stimulus Watch Doubles in Size with More Hospital Recipient Data
Covid Stimulus Watch Cited in New York Times
What’s New in Covid Stimulus Watch
Rescuing the Cheaters
More Provider Relief Fund Data Added
Covid Stimulus Watch Adds 5,000 Healthcare Provider Awards
Should Taxpayers Aid Corporate Bad Actors?
The uproar over the participation of larger companies in the Paycheck Protection Program is a sign that the country will increasingly confront a broader issue about the massive Covid-19 relief effort: does every company deserve assistance during a crisis that affects all parts of the economy?
Data Tip No. 2
Data tip No.2 from Covid Stimulus Watch: it turns out for-profit colleges are getting covid aid under the Higher Education Emergency Relief Fund. We've added entries for the likes of DeVry and the Univ. of Phoenix.
Data Tip No. 1
Data tip from Covid Stimulus Watch: we now have some entries for stimulus awards to for-profit healthcare providers. For example, over $1 billion to Community Health Systems Inc.
Protecting Meager Paychecks: Covid Stimulus Watch Reveals Low-Wage Employers in the Paycheck Protection Program
Among the limited number of corporations known to have been awarded federal loans under the Paycheck Protection Program, at least 16 pay their workers less than the national median household income level. Five pay wages so low they fall below the poverty line for a family of four.
Covid Stimulus Watch: New Website Documents Accountability Track Records of CARES Act Recipients
Washington, April 30, 2020 — Amid continuing controversy over some of the companies receiving federal financial assistance under the Paycheck Protection Program, a new website launched today makes it easier to see the accountability track records of companies getting help through the PPP and the other programs authorized by the massive CARES Act.