PPP lender · derived table

FC Marketplace, LLC (dba Funding Circle)

FC Marketplace, LLC (dba Funding Circle) appears in the SBA PPP loan-level file with 16,612 loans and $568.0 million in approved dollars, an average of $34,191 a loan. That is 0.14% of the 11,468,171 loans the file records, rank 199 of the 500 largest lenders by approved dollars and rank 78 by loan count. Borrowers on those loans reported 81,721 jobs, 4.9 a loan, and $6,950 of approved dollars for each reported job. It is named in Womply's PPP lender network by Basic Facts on the Coverage of the Paycheck Protection Program (November 2023). Its loans are not in the archive's Womply loan count, which is built from court records for three lenders and the 2021 loans of four others.

Totals

Loans	16,612
Approved dollars	$567,975,756.17
Average loan	$34,190.69
Share of program loans	0.1449%
Platform network	partner lender of Womply (not in the Womply count)
Rank by approved dollars	199 of 500
Rank by loan count	78 of 500
Jobs reported	81,721
Jobs per loan	4.9194
Approved dollars per reported job	$6,950.18
Borrowers	14,871
Loans per borrower	1.117
Lender type (archive classification)	Fintech / BaaS bank
Modeled processing fees	$42,893,246.93
Modeled fees, 2020 first-draw loans	$13,730,330.12
Modeled fees, 2021 first-draw loans	$12,527,209.56
Modeled fees, 2021 second-draw loans	$16,635,707.25
Modeled fee per loan	$2,582.06
Rank by modeled fees	127 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.