Derived table · PPP

Top 500 PPP lenders by approved dollars

Name: Top 500 PPP lenders by approved dollars
Creator: Pandemic Darlings
Published: 2026-07-10

The 500 lenders with the most PPP dollars approved, ranked, with the same category, borrower, and jobs fields as the by-count table.

Rows500

Columns12

Files1 · 54 KB

FormatCSV

Source vintageSBA PPP FOIA 2024-09-30

Published byPandemic Darlings

Acquired / built2026-07-10

Releasepandemic-darlings-data-v1-2026-07-10

Built fromSBA PPP FOIA loan-level files

SHA-2561b1b6d1ec3391e929a9ce2fd982ec1f2778ed9e379873a9513a2e17d95de68e6

RightsDerived from U.S. government public data; attribution to Pandemic Darlings requested for the compiled table.

Schema · dictionaryppp-top500-lenders-by-dollars.json · dictionary.csv

Download CSV 54 KB Data dictionary CSV At a glance Preview Columns How to use Before you quote a row

At a glance

The file as published folds nine partner lenders into two 'aggregator network' rows, so those nine lenders have no row of their own in it and the two network rows are not values of SBA's originating-lender field. The lender pages and rankings now rank every originating lender on its own and show the networks unranked beside them; a table rebuilt that way follows in the next data release.

Measured on the served file on 2026-09-12; the checksum above is the file these numbers describe.

Rows500

Columns12

Keyrank · unique

Cells left blank0 of 6,000 · 0.0%

Dollars in the 500$660.3 billion

Loans in the 5009,251,960 · 80.7% of PPP

Average loan, median lender$112,777

Jobs per loan, median lender13.0

PPP dollars approved by each category of top-500 lender — sums the dollars column of ppp-top500-lenders-by-dollars.csv by category, in dollars.

The numbers behind this chart

Category	Approved dollars
COMMUNITY_BANK	$285.4B
BIG_BANK	$274.5B
FINTECH	$52.5B
AGGREGATOR	$37.3B
CREDIT_UNION	$6.7B
CDFI	$3B
OTHER	$978.7M

Lenders in the top 500 by category — counts rows of ppp-top500-lenders-by-dollars.csv by the category column.

The numbers behind this chart

Category	Lenders
COMMUNITY_BANK	422
BIG_BANK	35
FINTECH	22
CREDIT_UNION	9
CDFI	7
OTHER	3
AGGREGATOR	2

What it is

The top 500 rows of the per-lender totals table when ranked by current approved dollars. The columns are identical to the by-count table; only the ranking changes. JPMorgan Chase ranks first at $44.1 billion across 452,892 loans, Bank of America second at $34.4 billion.

By category the 500 are 422 community banks, 35 big banks, 22 fintechs, 9 credit unions, 7 CDFIs, 3 others, and the 2 aggregator networks. The two rankings differ because the aggregator networks and fintechs made many small loans while the big banks made fewer, larger ones: Womply's network averages $17,120 per loan, JPMorgan Chase $97,400.

How it was built

The two network rows consolidate the whole PPP books of the Womply and Blueacorn partner lenders, so they bound rather than measure platform-sourced volume. Same construction as the by-count table: rows from the per-lender totals with aggregator consolidation, a name-based category, and distinct borrowers counted by name plus ZIP.

This archive's Womply count is built differently and stands at more than 1,293,428 loans: court-record figures for three partner lenders plus the 2021 loans of four more, set out on Womply loan count. The Womply row in this file is the whole-book figure described above.

Preview

rank	lender	category	loans	pct_program_loans	dollars	avg_loan	jobs	jobs_per_loan	dollars_per_job	businesses	loans_per_business
1	JPMorgan Chase Bank, National Association	BIG_BANK	452892	3.9491	44111851716.69	97400.38	7100912	15.679	6212.14	404892	1.119
2	Bank of America, National Association	BIG_BANK	491034	4.2817	34411968884.59	70080.62	4222159	8.5985	8150.33	426477	1.151
3	Womply (aggregator network)	AGGREGATOR	1413323	12.3238	24196074246.25	17119.99	2002818	1.4171	12081.01	1076147	1.313
4	PNC Bank, National Association	BIG_BANK	119352	1.0407	17321532877.14	145129.81	1755025	14.7046	9869.68	98927	1.206
5	Truist Bank	BIG_BANK	117956	1.0285	16207232060.29	137400.66	1837734	15.5798	8819.14	105218	1.121
6	Wells Fargo Bank, National Association	BIG_BANK	280717	2.4478	13777713764.69	49080.44	1747245	6.2242	7885.39	253839	1.106
7	Manufacturers and Traders Trust Company	BIG_BANK	90029	0.785	13310300403.42	147844.59	1413298	15.6983	9417.9	79633	1.131
8	Blueacorn (aggregator network)	AGGREGATOR	840139	7.3258	13063325741.17	15549.01	862510	1.0266	15145.71	833800	1.008
9	Cross River Bank	FINTECH	478866	4.1756	12894672292.93	26927.52	1438370	3.0037	8964.78	435287	1.1
10	TD Bank, National Association	BIG_BANK	133140	1.1609	12266833153.27	92134.84	1321878	9.9285	9279.85	119061	1.118

First 10 of 500 rows · cells longer than 60 characters are cut with an ellipsis · shown as text, unformatted.

Files

File	Rows	Size	SHA-256
`ppp-top500-lenders-by-dollars.csv` CSV, UTF-8, header row	500	55,225 B	1b1b6d1ec3391e929a9ce2fd982ec1f2778ed9e379873a9513a2e17d95de68e6	Download ↓
`dictionary.csv` data dictionary, 12 rows	12	—	built with this page	Download ↓

Columns

Column	Type, measured	Distinct	Range / values	Meaning
`rank`	integer	500	1 – 500 · median 250.50	Position when sorted by `dollars`, descending.
`lender`	text	500		Lender name as in the SBA file, or an aggregator-network row.
`category`	text	7	COMMUNITY_BANK (422), BIG_BANK (35), FINTECH (22), CREDIT_UNION (9), CDFI (7), OTHER (3)	One of AGGREGATOR, BIG_BANK, COMMUNITY_BANK, CREDIT_UNION, FINTECH, CDFI, OTHER.
`loans`	integer	490	331 – 1.4M · median 4K	Number of PPP loans, both draws.
`pct_program_loans`	number	410	0.00 – 12.32 · median 0.04	Share of all 11,468,171 PPP loans, in percent.
`dollars`	number	500	193.4M – 44.1B · sum $660.3B · median $435.1M	Sum of current approved amounts, in dollars.
`avg_loan`	number	500	9K – 1.1M · sum $69.2M · median $113K	`dollars` ÷ `loans`.
`jobs`	integer	499	16K – 7.1M · median 50K	Sum of jobs reported on the applications.
`jobs_per_loan`	number	498	1.03 – 89.12 · median 12.97	`jobs` ÷ `loans`.
`dollars_per_job`	number	499	5K – 16K · sum $4.6M · median $9K	`dollars` ÷ `jobs`.
`businesses`	integer	486	316 – 1.1M · median 4K	Distinct borrowers (name + ZIP) among the lender's loans.
`loans_per_business`	number	162	1 – 1.31 · median 1.10	`loans` ÷ `businesses`.

Type, blanks, distinct count, and range are measured on the file. The same table as CSV: dictionary.csv.

How to use it

Specific to this file, measured on it: keys, joins, encodings, units, and the values that will trip a naive count.

Same columns as the by-count table, different rows. 390 lenders appear in both top-500 lists; the other 110 in each are different lenders, so do not treat the two files as one table with two sort orders.
rank is the key; lender joins to the per-lender totals table by exact string.
Approved, not disbursed or forgiven: dollars is the sum of CurrentApprovalAmount, in dollars. The largest single row is $44.1 billion.
CRLF line endings, UTF-8, no byte-order mark.

Before you quote a row

Category is a name-based label, not a regulatory status.
Approved dollars, not disbursed. A large loan later cancelled still counts at its current approved amount, which may be zero or reduced.

Cite this table. Name the source vintage; the numbers depend on it.

Top 500 PPP lenders by approved dollars, built from SBA PPP FOIA loan-level data (2024-09-30 vintage). Pandemic Darlings, release pandemic-darlings-data-v1-2026-07-10, https://pandemicdarlings.com/data/ppp-top500-lenders-by-dollars/, SHA-256 1b1b6d1ec3391e929a9ce2fd982ec1f2778ed9e379873a9513a2e17d95de68e6