PPP lender · derived table
Pacific Premier Bank
Pacific Premier Bank appears in the SBA PPP loan-level file with 3,853 loans and $1.2 billion in approved dollars, an average of $301,955 a loan. That is 0.034% of the 11,468,171 loans in our per-lender totals (39 fewer than the 11,468,210 in the SBA file), rank 113 of the 500 largest lenders by approved dollars and rank 284 by loan count. Borrowers on those loans reported 126,667 jobs, 32.9 a loan, and $9,185 of approved dollars for each reported job.
Totals
| Loans | 3,853 |
| Approved dollars | $1,163,431,762.69 |
| Average loan | $301,954.78 |
| Share of program loans | 0.0336% |
| Rank by approved dollars | 113 of 500 |
| Rank by loan count | 284 of 500 |
| Jobs reported | 126,667 |
| Jobs per loan | 32.8749 |
| Approved dollars per reported job | $9,184.96 |
| Borrowers | 3,853 |
| Loans per borrower | 1.0 |
| Lender type (archive classification) | Community bank |
| Modeled processing fees | $35,309,758.46 |
| Modeled fees, 2020 first-draw loans | $35,309,758.46 |
| Modeled fees, 2021 first-draw loans | $0 |
| Modeled fees, 2021 second-draw loans | $0 |
| Modeled fee per loan | $9,164.22 |
| Rank by modeled fees | 144 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.
Borrowers' public filings
A borrower reported that Pacific Premier sold its PPP loans: Legacy Education Alliance, Inc. states that "In March 2021, ELE was notified that PPBI sold substantially all of its PPP loans, including ELE's loan, to The Loan Source, Inc. ("TLS"), which, together with its servicing partner, ACAP SME, LLC, took over the forgiveness and ongoing servicing process for ELE's PPP loan," ELE being its subsidiary Elite Legacy Education, Inc. and PPBI Pacific Premier Bank (Legacy Education Alliance, Inc. — Form 10-K/A (Amendment No. 1), fiscal year ended December 31, 2021).
That is one borrower's account of one $1,899,832 loan; the same filing says TLS told ELE on August 4, 2021 that the loan had been partially forgiven, $900 thousand in principal and $11 thousand in interest.
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.