Paycheck Protection Program (PPP) Report: Second Round Approvals from 4/27/2020 through 05/08/2020
Summary
An SBA Paycheck Protection Program (PPP) report of second round approvals from 4/27/2020 through 05/08/2020. It summarizes 2,571,167 loans for $188,943,588,568 in gross dollars from 9,463 lenders, broken down by lender size, with lenders over $50 B in assets accounting for 53% of the amount. A lender segment table shows CDFIs, MDIs and lenders that are both, totaling 396 lenders, 103,458 loans and $6,212,503,648.
Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used
Full text
Text recognized from a scanned document; may contain errors. Pages 4–6 of 6 are not shown because the text could not be recognized reliably.
Paycheck Protection Program (PPP) Report: Second Round Approvals from 4/27/2020 through 05/08/2020 Summary for Second Round Loan Count Gross Dollars Lender Count 2,571,167| $188,943,588,568 9,463 . Lender Approved Approved % Of SONI ELE Count Loans Dollars Amount >$50 B in Assets 148] 1,235,413] $100,030,386,202 53% $10 B to $50 B in Assets 86 363,143] $28,943,084,497 15% <$10 B in Assets 5,229 972,611] $59,970,117,870 32% Approvals through 05/08/2020 2 SBA J Lender Segments for Second Round CDFI’s and MDI’s Lender Type Lender Count Loan Count Gross Dollars CDFI's 302 50,492 $2,770,808,950 MDI's 122 59,056 $4,023,783,819 Both 28 6,090 $582,089,121 Total 396 103,458 $6,212,503,648 Lenders with <$1b Assets and Non-Banks Lender Type Lender Count Loan Count Gross Dollars Banks (less than $1b) 3,568 427,489 $23,608,869,339 Small Business Lending Companies 13 15,400 $2,265,997,737 Credit Unions (less than $1b) 691 33,499 $1,396, 194,337 Fintechs (and other State Regulated) 15 69,423 $1,341,127,776 Farm Credit Lenders 53 8,896 $543,660,514 Savings & Loans (less than $1b) 76 4,796 $270,714,471 Non Bank CDFI Funds 8 3,994 $185,307,067 Certified Development Companies 19 3,495 $183,030,847 Microlenders 31 3,707 $118,378,252 BIDCOs 1 24 $743,805 Total 4,475 570,723 $29,914,024,145 * Loans from CDFI/MDI’s banks with <$1b Assets and non-bank CDFI’s are A Ic through 08/08/2020 ; SBA captured in both tables pp g
File and source
- File
- 2020-06_PPP_Report_200508_0-508.pdf
- Size
- 580,047 bytes
- SHA-256
- 9844f7807a90b5d559c9aff7b5cda8885c1c0c0c7c5bfce4ff9afce3a95a34de
- Original
- www.sba.gov