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PPP lender · derived table

Choice Financial Group

Choice Financial Group appears in the SBA PPP loan-level file with 4,015 loans and $560.3 million in approved dollars, an average of $139,554 a loan. That is 0.035% of the 11,468,171 loans the file records, rank 202 of the 500 largest lenders by approved dollars and rank 273 by loan count. Borrowers on those loans reported 52,427 jobs, 13.1 a loan, and $10,687 of approved dollars for each reported job.

Totals

Loans4,015
Approved dollars$560,309,045
Average loan$139,553.93
Share of program loans0.035%
Rank by approved dollars202 of 500
Rank by loan count273 of 500
Jobs reported52,427
Jobs per loan13.0578
Approved dollars per reported job$10,687.41
Borrowers3,499
Loans per borrower1.147
Lender type (archive classification)Other
Modeled processing fees$21,140,510.89
Modeled fees, 2020 first-draw loans$12,503,804.80
Modeled fees, 2021 first-draw loans$2,165,896.91
Modeled fees, 2021 second-draw loans$6,470,809.18
Modeled fee per loan$5,265.38
Rank by modeled fees219 of 4,688 originating lenders

Named in the archive

None in the archive: no court filing or source document carries this name in its title or description.

Data and method

Totals come from SBA's PPP loan-level file (FOIA release of 2024-09-30); ranks are among its 4,688 named originating lenders. Modeled fees are computed loan by loan from SBA's published fee schedule, because SBA never published what it paid each lender. Jobs are self-reported; dollars are approved, not disbursed; the totals leave out 39 source rows. The per-lender totals page has the full method.

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