S BA U.S.Small Business
' Admini ttttt ion

Paycheck Protection Program
(PPP) Report

Approvals through 12 PM EST
4/16/2020

Summary

Loan Count
1,661,367

Net Approved
Lender Count
Dollars
$342,277,999,103*
4,975

*Net Approved Dollars do not reflect the amount required for reimbursement to
lenders per statute within the CARES Act.

Approvals through 4/16/20

 States and Territories
State
AK
AL
AR
AS
AZ
CA
CO
CT
DC
DE
FL
GA
GU
HI
IA
ID
IL
IN
KS
KY

Approved
PPP Loans
4,842
27,922
21,754
2
19,280
112,967
41,635
18,435
3,253
5,171
88,997
48,332
508
11,553
29,424
13,627
69,893
35,990
26,245
23,797

Approved PPP
Amount
$921,927,504
$4,862,690,120
$2,722,726,557
$419,583
$4,846,959,062
$33,413,693,192
$7,392,960,359
$4,151,934,451
$1,247,218,727
$1,090,415,848
$17,863,199,837
$9,464,475,442
$102,418,346
$2,046,450,982
$4,315,688,444
$1,850,034,026
$15,972,578,071
$7,491,445,351
$4,288,652,108
$4,149,467,684

State
LA
MA
MD
ME
MI
MN
MO
MP
MS
MT
NC
ND
NE
NH
NJ
NM
NV
NY
OH
OK

Approved
PPP Loans
26,635
46,937
26,068
14,993
43,438
46,383
46,481
56
20,748
13,456
39,520
11,002
23,477
11,582
33,519
8,277
8,674
81,075
59,800
35,557

Approved PPP
Amount
$5,100,534,501
$10,360,907,178
$6,537,733,687
$1,944,425,549
$10,381,310,070
$9,014,060,040
$7,547,822,023
$12,619,835
$2,481,000,606
$1,470,300,136
$8,005,752,270
$1,548,384,035
$2,988,890,489
$2,006,858,477
$9,527,794,260
$1,424,408,711
$2,013,939,889
$20,345,681,101
$14,108,889,927
$4,615,708,450

State
OR
PA
PR
RI
SC
SD
TN
TX
UT
VA
VI
VT
WA
WI
WV
WY

Approved
PPP Loans
18,732
69,567
2,856
7,732
22,933
11,324
34,035
134,737
21,257
40,371
240
6,983
30,421
43,395
7,861
7,618

Approved PPP
Amount
$3,806,104,476
$15,697,648,689
$658,573,638
$1,335,777,801
$3,807,578,397
$1,369,616,339
$6,542,045,089
$28,483,710,273
$3,695,399,459
$8,721,170,223
$62,242,612
$1,000,127,478
$6,959,680,159
$8,317,705,842
$1,351,223,328
$837,018,372

Approvals through 4/16/20

 Loan Size
Loan Size
$150K and Under
>$150K - $350K
>$350K - $1M
>$1M - $2M
>$2M - $5M
>$5M

Approved Loans Approved Dollars
1,229,893
224,061
140,197
41,238
21,566
4,412

% of Count
$58,321,791,761
74.03%
$50,926,354,675
13.49%
$80,628,410,796
8.44%
$57,187,983,464
2.48%
$64,315,474,825
1.30%
$30,897,983,582
0.27%

% of
Amount
17.04%
14.88%
23.56%
16.71%
18.79%
9.03%

• Overall average loan size is $206K.

Approvals through 4/16/20

 Industry by NAICS Subsector
NAICS Subsector Description
Construction
Professional, Scientific, and Technical Services
Manufacturing
Health Care and Social Assistance
Accommodation and Food Services
Retail Trade
Wholesale Trade
Other Services (except Public Administration)
Administrative and Support and Waste Management and Remediation Services
Real Estate and Rental and Leasing
Transportation and Warehousing
Finance and Insurance
Educational Services
Information
Arts, Entertainment, and Recreation
Agriculture, Forestry, Fishing and Hunting
Mining
Public Administration
Management of Companies and Enterprises
Utilities

Approved
Approved Dollars
Loans
177,905 $44,906,538,010
208,360 $43,294,713,938
108,863 $40,922,240,021
183,542 $39,892,493,481
161,876 $30,500,417,573
186,429 $29,418,369,063
65,078 $19,489,410,472
155,319 $17,707,077,167
72,439 $15,285,814,286
79,784 $10,743,430,227
44,415 $10,598,076,231
60,134 $8,177,041,995
25,198 $8,062,652,288
22,825 $6,675,630,276
39,670 $4,939,280,138
46,334 $4,374,343,877
11,168 $3,894,793,207
5,570 $1,197,353,586
3,211 $1,170,748,130
3,247 $1,027,575,137

% of
Amount
13.12%
12.65%
11.96%
11.65%
8.91%
8.59%
5.69%
5.17%
4.47%
3.14%
3.10%
2.39%
2.36%
1.95%
1.44%
1.28%
1.14%
0.35%
0.34%
0.30%

Approvals through 4/16/20

 PPP Lenders – Highest Approved Dollars
Lender

Approved Loans

Approved Dollars

Average Approved
Size

1

27,307

$14,071,396,427

$515,304

2

32,097

$10,309,843,746

$321,209

3

21,062

$9,612,090,368

$456,371

4

33,594

$7,778,303,458

$231,538

5

27,929

$6,555,028,971

$234,703

6

25,820

$6,114,676,731

$236,819

7

26,238

$6,057,787,355

$230,878

8

10,681

$4,406,088,115

$412,516

9

14,215

$4,356,840,783

$306,496

10

9,457

$4,267,336,254

$451,236

11

12,001

$4,190,129,500

$349,148

12

25,151

$3,889,799,524

$154,658

13

9,673

$3,392,990,074

$350,769

14

10,642

$2,978,045,260

$279,839

15

40,746

$2,966,427,908

$72,803

Approvals through 4/16/20