Pandemic Darlings The pandemic economy, in original documents
Home Rankings PPP lenders Santander Bank

PPP lender · derived table

Santander Bank, National Association

Santander Bank, National Association appears in the SBA PPP loan-level file with 19,957 loans and $1.8 billion in approved dollars, an average of $88,411 a loan. That is 0.17% of the 11,468,171 loans the file records, rank 81 of the 500 largest lenders by approved dollars and rank 68 by loan count. Borrowers on those loans reported 182,827 jobs, 9.2 a loan, and $9,651 of approved dollars for each reported job.

Totals

Loans19,957
Approved dollars$1,764,418,858.80
Average loan$88,411.03
Share of program loans0.174%
Rank by approved dollars81 of 500
Rank by loan count68 of 500
Jobs reported182,827
Jobs per loan9.161
Approved dollars per reported job$9,650.76
Borrowers17,935
Loans per borrower1.113
Lender type (archive classification)Big bank
Modeled processing fees$73,937,927.45
Modeled fees, 2020 first-draw loans$42,674,608.53
Modeled fees, 2021 first-draw loans$4,736,076.64
Modeled fees, 2021 second-draw loans$26,527,242.28
Modeled fee per loan$3,704.86
Rank by modeled fees73 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.

Back to top