The Paycheck Protection Program (PPP) Dashboard
This dashboard was prepared for the Los Angeles Local Development Company (LDC), a CDFI founded in 1980 to serve Los Angeles neighborhoods that suffered from redlining and other forms of disinvestment. On the left pane, this dashboard shows Paycheck Protection Program (PPP) loans mapped by LA County neighborhoods as of August 2020. The PPP is a low-interest private loan program by the U.S. Small Business Administration (SBA) intended to help small businesses, nonprofits, sole proprietors, and contractors pay their workforce appropriately despite the economic stall of the COVID-19 pandemic (SBA, 2021).
On the right, a bubble graph shows the relationship between the number of banks/credit unions in a neighborhood and the number of PPP loans received by the neighborhood’s businesses, demonstrating how historically underbanked communities received lower levels of loan aid during the pandemic. Read more about the history of racism in business lending and its impact during the pandemic in the data story accompanying the dashboard.