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Paycheck Protection Program (PPP) Report: Approvals through 4/13/2020

Summary

This Paycheck Protection Program (PPP) report lists approvals through 4/13/2020: 1,035,086 loans for $247,543,393,521 from 4,664 lenders, with an overall average loan size of $239,152. By state, TX had the most, with 88,434 loans for $21,776,306,479, followed by CA with 54,922 loans for $20,853,495,045. Loans of $150K and under made up 725,058 approvals, 70.05% of the count but 15.02% of the dollars. By industry, Construction led with $33,994,993,103 (13.73%), followed by Professional, Scientific, and Technical Services with $30,347,630,866 and Manufacturing with $30,324,381,642.

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Paycheck Protection Program
       (PPP) Report
     Approvals through 4/13/2020
              Summary



Loan Count Gross Dollars Lender Count
  1,035,086 $247,543,393,521     4,664



                             Approvals through 4/13/2020
                                          States and Territories
         Approved         Approved                     Approved      Approved                 Approved     Approved
 State    Loans            Dollars             State    Loans         Dollars         State    Loans        Dollars
AK            2,703       $602,911,645       LA           17,097    $3,745,462,888   OR           9,508   $2,427,776,445
AL           19,244      $3,819,600,518      MA           27,315    $7,073,245,593   PA          36,604   $9,910,549,957
AR           14,803      $2,166,563,254      MD           11,937    $3,756,206,258   PR           1,001    $319,308,946
AS                  1         $389,500       ME           10,889    $1,710,424,025   RI           4,110    $875,591,033
AZ           10,898      $3,524,770,207      MI           24,974    $7,321,573,738   SC          14,273   $2,756,101,029
CA           54,922     $20,853,495,045      MN           33,819    $7,633,395,870   SD           7,986   $1,156,576,164
CO           28,469      $5,830,781,842      MO           34,088    $6,433,368,771   TN          19,074   $4,742,194,968
CT           11,930      $2,923,132,220      MP              29        $7,540,546    TX          88,434 $21,776,306,479
DC            1,663       $791,004,872       MS           14,209    $1,921,783,598   UT          12,914   $2,617,066,864
DE            1,974       $590,422,870       MT           10,372    $1,293,105,048   VA          26,880   $6,615,120,527
FL           52,021     $12,656,107,018      NC           23,786    $5,729,549,254   VI             68      $13,116,530
GA           29,423      $6,725,718,213      ND            8,232    $1,386,597,176   VT           4,886    $853,707,598
GU             238         $53,659,254       NE           18,565    $2,727,637,044   WA          18,906   $4,928,845,742
HI            8,426      $1,626,051,108      NH            7,113    $1,520,212,834   WI          31,702   $7,288,143,288
IA           22,295      $3,748,993,223      NJ           17,187    $5,897,533,934   WV           5,211   $1,054,712,809
ID            8,846      $1,399,191,164      NM            5,365    $1,103,753,677
IL           44,453     $12,503,648,850      NV            4,209    $1,255,172,600
IN           23,583      $5,986,077,384      NY           40,975   $11,737,950,918
KS           19,915      $3,729,110,056      OH           38,016   $10,368,882,724
KY           17,216      $3,336,402,794      OK           26,451    $4,009,914,991

                                                                                      Approvals through 4/13/2020
                         Loan Size

                 Approved      Approved          % of     % of
  Loan Size
                  Loans         Dollars         Count    Amount
$150K and
                   725,058 $37,178,984,187
Under                                           70.05%    15.02%

>$150K - $350K     156,590 $35,735,615,983
                                                15.13%    14.44%
>$350K - $1M       102,473   $59,291,602,643     9.90%    23.95%
>$1M - $2M          31,176   $43,278,883,532     3.01%    17.48%
>$2M - $5M          16,516   $49,288,997,593     1.60%    19.91%
>$5M                 3,273   $22,769,309,582     0.32%     9.20%

     • Overall average loan size is $239,152.




                                                           Approvals through 4/13/2020
             Industry by NAICS Subsector
                                                                  Approved     Approved          % of
                   NAICS Subsector Description                                                  Amount
                                                                   Loans        Dollars
Construction                                                        114,838   $33,994,993,103     13.73%
Professional, Scientific, and Technical Services                    126,372   $30,347,630,866     12.26%
Manufacturing                                                        72,728   $30,324,381,642     12.25%
Health Care and Social Assistance                                   114,236   $27,907,315,755     11.27%
Accommodation and Food Services                                     108,179   $22,729,710,765      9.18%
Retail Trade                                                        105,796   $21,205,961,588      8.57%
Wholesale Trade                                                      42,280   $14,340,947,724      5.79%
Other Services (except Public Administration)                        93,538   $12,302,748,049      4.97%
Administrative and Support and Waste Management and Remediation
                                                                     45,492   $10,620,220,830
Services                                                                                          4.29%
Real Estate and Rental and Leasing                                   48,940    $7,963,204,190     3.22%
Transportation and Warehousing                                       28,181    $7,824,422,844     3.16%
Finance and Insurance                                                36,714    $5,780,025,663     2.33%
Educational Services                                                 15,213    $5,664,150,353     2.29%
Information                                                          13,693    $4,449,853,324     1.80%
Arts, Entertainment, and Recreation                                  25,785    $3,690,034,085     1.49%
Mining                                                                8,133    $3,010,017,134     1.22%
Agriculture, Forestry, Fishing and Hunting                           27,428    $2,973,951,117     1.20%
Management of Companies and Enterprises                               2,278     $887,589,299      0.36%
Public Administration                                                 3,058     $824,899,859      0.33%
Utilities                                                             2,056     $701,335,031      0.28%

                                                                                                Approvals through 4/13/2020


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