Rankings & leaderboards·Paycheck Protection Program Liquidity Facility
PPP Liquidity Facility: Institutions with Advances Still Outstanding
The 19 institutions that still had PPP Liquidity Facility advances outstanding on 31 March 2026, ranked by the original amount of those advances. This is the tail of the facility, not a record of everything it lent. Across those 346 advances and 19 institutions, original advance amounts sum to $14.66B ($14,663,502,851), with $42,564,569 remaining outstanding on 31 March 2026.
As of 31 March 2026Disclosed 13 April 2026Universe 346 advances · 19 institutions ($14.66B original / $42,564,569 remaining)Source Federal Reserve CARES Act disclosure
- Original advance principal across the 346 advances ($14.66B)
- $14,663,502,851
- Remaining balance outstanding on 31 March 2026 (0.29%)
- $42,564,569
- Advances still outstanding on 31 March 2026
- 346
- Borrowing institutions in the 13 April 2026 file (13 states)
- 19
The tail of the PPP Liquidity Facility on 31 March 2026
The facility’s advances were drawn against PPP loans as collateral; this file records only the 19 institutions with advances still open in March 2026.
Of the $14,663,502,851 originally drawn on these 346 advances, $42,564,569 (0.29%) remained outstanding on 31 March 2026
The Federal Reserve’s 13 April 2026 disclosure lists only the 346 advances across 19 institutions that still had a balance on 31 March 2026; advances already repaid in full are not in the file.
Source: Federal Reserve PPPLF disclosure (ppplf-transaction-specific-disclosures-4-13-26.xlsx, dated 13 April 2026, reporting advances as of 31 March 2026).
- Σ
Original advance principal
$14,663,502,851$14.66B across the 346 advances still in the file- Advances
- 346 advances
- Institutions
- 19 borrowing institutions
Sum of the original advance amounts on the 346 advances that still carried a balance on 31 March 2026.
- Σ
Remaining balance on 31 March 2026
$42,564,5690.29% of the $14,663,502,851 original principal- As of
- 31 March 2026
- Disclosed
- 13 April 2026
Total balance still outstanding across all 19 institutions in the Federal Reserve’s tail snapshot.
- Σ
Facility tail scope
346Advances across 19 institutions in 13 states- Collateral
- PPP loans (fully collateralised)
- Naming
- 7 carry no "PPPLF" prefix; 1 spelled "PPPFL"
An institution that never borrowed from the facility, or repaid before 31 March 2026, does not appear in this file.
The ranking
All 19 institutions in the Federal Reserve’s 13 April 2026 disclosure. Click any numeric header to re-sort.
| # | Institution | State | Source | |||
|---|---|---|---|---|---|---|
| 1 | PPPLF HARVEST SMALL BUS FNC | CA | 55 | $10,192,038,127 | $16,898,430 | Fed PPPLF file (31 Mar 2026) |
| 2 | PPPLF THE LOAN SOURCE | NY | 37 | $1,629,132,045 | $3,195,806 | Fed PPPLF file (31 Mar 2026) |
| 3 | PPPLF READYCAP LEND LLC | NJ | 74 | $901,833,601 | $3,833,948 | Fed PPPLF file (31 Mar 2026) |
| 4 | PPPLF MBE CAP PTNRS LLC | NY | 78 | $740,922,085 | $8,290,818 | Fed PPPLF file (31 Mar 2026) |
| 5 | WEBBANK | UT | 24 | $324,709,681 | $44,413 | Fed PPPLF file (31 Mar 2026) |
| 6 | PPPFL BSD CAPITAL | CA | 18 | $323,375,747 | $85,869 | Fed PPPLF file (31 Mar 2026) |
| 7 | PPPLF AMER LEND CTR LLC | CA | 14 | $244,023,870 | $5,519,233 | Fed PPPLF file (31 Mar 2026) |
| 8 | PPPLF A10 CAP | ID | 5 | $98,079,759 | $345,774 | Fed PPPLF file (31 Mar 2026) |
| 9 | PPPLF KABBAGE | GA | 4 | $79,976,334 | $16,824 | Fed PPPLF file (31 Mar 2026) |
| 10 | PPPLF THE ENTERPRISE CENTER | PA | 9 | $50,718,749 | $3,064,032 | Fed PPPLF file (31 Mar 2026) |
| 11 | PPPLF PURSUIT BDC | NY | 5 | $26,057,729 | $212,284 | Fed PPPLF file (31 Mar 2026) |
| 12 | PPPLF TRENTON BUS AS CORP RBAC | NJ | 7 | $17,689,718 | $95,717 | Fed PPPLF file (31 Mar 2026) |
| 13 | PPPLF ECONOMIC AND COMMUNITY | OH | 7 | $14,540,392 | $38,913 | Fed PPPLF file (31 Mar 2026) |
| 14 | PPPLF PEOPLE TRUST | AR | 3 | $11,342,789 | $202,128 | Fed PPPLF file (31 Mar 2026) |
| 15 | LEGACY BK | OK | 2 | $6,372,817 | $2,851 | Fed PPPLF file (31 Mar 2026) |
| 16 | FIRST WESTERN TR BK | CO | 1 | $953,598 | $5,671 | Fed PPPLF file (31 Mar 2026) |
| 17 | BEACON CMNTY BK | SC | 1 | $903,400 | $19,812 | Fed PPPLF file (31 Mar 2026) |
| 18 | BUCKEYE ST BK | OH | 1 | $579,385 | $579,385 | Fed PPPLF file (31 Mar 2026) |
| 19 | FREEDOM BK OF VIRGINIA | VA | 1 | $253,025 | $112,661 | Fed PPPLF file (31 Mar 2026) |
How this list is built
Method & definitions
- Unit ranked
- the borrowing institution as the Fed named it.
- Metric
- original outstanding advance amount, summed.
- Universe
- 346 advances, 19 institutions, $14.66B.
- Vintage
- Federal Reserve disclosure of 13 April 2026, reporting advances as of 31 March 2026.
The PPP Liquidity Facility lent to PPP lenders against the PPP loans they had made, so that a lender did not have to fund those loans from its own balance sheet. The Federal Reserve discloses each advance. The Fed's disclosure of 13 April 2026 reports advances as of 31 March 2026. This list groups its 346 advances by institution and sums the original outstanding advance amount; the last column sums what the same file shows outstanding on 31 March 2026.
What this measures, and what it does not
The file holds only advances still outstanding on 31 March 2026 — 346 of them, across 19 institutions. It is not a league table of PPP lenders, and an absence here says only that the institution did not borrow from the facility, or has repaid.
The names are reproduced as published: 7 of the 19 carry no "PPPLF" prefix, and one is spelled "PPPFL". Amounts are advances drawn against PPP collateral, not PPP loans made, and the facility was fully collateralised — borrowing from it was a funding choice on published terms.
Sources
- Archive data page: Federal Reserve Main Street and PPPLF disclosures
- Federal Reserve, Periodic report: CARES Act facility disclosures (original: federalreserve.gov)
- File:
ppplf-transaction-specific-disclosures-4-13-26.xlsx(sha256 a137991293dc1af4…)