How did EIDL differ from PPP?
PPP was a bank-mediated, forgivable payroll program. COVID-EIDL was direct SBA lending, generally repayable on long terms, so there are no PPP-style lender fees or lender rankings to analyze.
Pandemic Darlings data hub
COVID-EIDL Explorer: 3.68 million loans, $370.3 billion, a $44.6 billion expected cost
3.68 million direct loans, $370.3B in face value — priced by the government's own books at a $44.6B expected cost (12¢ on the dollar). A loan program, not a grant program. Explore it by state, month, loan size, and business type; the caveats below qualify any EIDL-to-PPP comparison.
Totals only: the page carries summary extracts, not the raw loan-level file.
Aggregate Explorer
Geography
Chart Hub
FAQ and Method Notes
How should fraud numbers be read?
Potential fraud, likely fraud, identity-theft reports, delinquent debt, Treasury referrals, charge-offs, collections, allegations, and convictions are different labels. The explorer keeps those meanings separate.
What does the data include?
The aggregate tables use validated USASpending COVID-EIDL direct-loan award slices. They count loan rows and face-value dollars from those files.
What is excluded?
EIDL advances are not included in the loan totals. The PPP/EIDL overlap module is grant-anchored and does not claim to be a full PPP+EIDL borrower match.
What do collections and referrals mean?
A delinquent account or Treasury referral is an afterlife/collection status, not an adjudicated fraud finding. It can be evidence of servicing stress without proving criminal fraud.
Why can't I look up individual borrowers?
Individual borrower lookups aren't published here; the tables stop at the top rows.
Sources and Provenance
In the archive: EIDL guide · The identity-theft gradient · SVOG cross-program impact · Datasets · All interactives