Paycheck Protection Program (PPP) Report Approvals through 06/20/2020
Summary
A U.S. Small Business Administration Paycheck Protection Program (PPP) report of approvals through 06/20/2020. Its summary of approved lending shows 4,666,560 loans, $514,939,789,916 in net dollars and 5,456 lenders. It states that the totals reflect both rounds of PPP funding and cancellations through the report date. The report then breaks lending down by lender size, gives Round 2 figures by lender segment, and covers CDFIs and MDIs, smaller lenders and industry by NAICS sector.
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Paycheck Protection Program (PPP) Report Approvals through 06/20/2020 Summary of PPP Approved Lending Loan Count Net Dollars Lender Count 4,666,560] $514,939,789,916 5,456 . Lender Loan % of Lender Size Count Count Net Dollars Arunt >$50 B in Assets 34] 1,601,262 $188,455,623,221 37% $10 B to $50 B in Assets 89} 720,109 $100,084,707,720 19% <$10 B in Assets 5,333] 2,345,189 $226,399,458,974 44% Totals reflect both rounds of PPP funding and cancellations through the report date. Cancellations do include duplicative loans, loans not closed for any reason, and loans that have been paid off. Approvals through 06/20/2020 2 SBA J PPP Round 2 Lender Segments Lender Loan Lender Size Count Count NOU von Ate Round 2 Round 2 >$50 B in Assets 34] 1,266,190 $92,310,101,401 $10 B to $50 B in Assets 89 421,339 $29,717,657,270 <$10 B in Assets 5,323] 1,356,231 $70,136,585, 771 Lender Loan Lender Group Count Count Round 2 Round 2 CDFls 302 63,497 $3,037 ,513,424 Net Dollars Round 2 CDFI lenders and associated loans are also captured in the <S10 billion or less lender asset size. Approvals through 06/20/2020 3 SBA J Lender Segments CDFI’s and MDI’s Lender Type Lender Count Loan Count Net Dollars CDFls 303 98,486 S7,254,646,450 MDIs 171 112,847 $10,279,958,572 - minus CDFI/MDIs identified in both groups 50 14,750 $1,481,889,113 Total 196,583 $16,052,715,909 Lenders with <S$1b Assets and Non-Banks Lender Type Lender Count Loan Count’ Net Dollars Banks (less than $1b) 3,564 1,019,877| $83,987,031,580 Small Business Lending Companies 14 58,379] $6,420,289,938 Fintechs (and other State Regulated) 19 107,601} $3,069, 790,537 Credit Unions (less than $1b) 722 59,090} $2,941,240,330 Farm Credit Lenders 54 14,454] $1,294,228,508 Savings & Loans (less than $1b) 77 11,071] $1,024,046,009 Certified Development Companies 19 6,464 $350, 730,895 Non Bank CDFI Funds 8 6,223 $325,181,193 Microlenders 32 5,804 $181,983,952 BIDCOs 1 23 $787,713 Total 4,510 1,288,986] $99,595,310,655 * Loans from CDFI/MDI banks with <$1b Assets and non-bank CDFls are captured in both tables. Approvals through 06/20/2020 4 ee | SBA J Industry by NAICS Sector Loan % of NAICS Sector Description Count Net Dollars Amount Health Care and Social Assistance 487,386 $66,582,598, 125 12.93% Professional, Scientific, and Technical Services 608,025 $65,620,738,481 12.74% Construction 446,670 $63,921 ,963,658 12.41% Manufacturing 223,452 $53,620,614,368 10.41% Accommodation and Food Services 354,085 $41,498,140,735 8.06% Retail Trade 432,933 $39, 907,699,244 7.75% Other Services (except Public Administration) 498,756 $30,513,851,152 5.93% Wholesale Trade 161,883 $27,514,653, 734 5.34% Administrative and Support and Waste Management and Remediation Services 230,321 $26, 167,415,058 5.08% Transportation and Warehousing 171,051 $16,605,493,181 3.22% Real Estate and Rental and Leasing 232,660 $15,329,408,006 2.98% Finance and Insurance 161,053 $12,034,233, 705 2.34% Educational Services 76,832 $11,828,903,631 2.30% Unclassified Establishments 222,226 $9,916,122,340 1.93% Information 65,837 $9, 134,891,250 1.77% Arts, Entertainment, and Recreation 110,809 $7,800,534,098 1.51% Agriculture, Forestry, Fishing and Hunting 132,564 $7,726,040,628 1.50% Mining 20,990 $4,472,952,752 0.87% Public Administration 12,835 $1,714,610,439 0.33% Management of Companies and Enterprises 8,571 $1,569,618, 147 0.30% Utilities 7,621 $1,459,307,183 0.28% Approvals through 06/20/2020 8 ee | BA i ED ” Amount of Funding Remaining $128,355,981,685 The above number is an approximation. SBA is currently revising remaining funds amount with the enactment of the Paycheck Protection Program Flexibility Act of 2020. Available funds captures approvals net of cancellations as well as loan increases, decreases, and reinstatements. This approximation accounts for statutory program costs. Approvals through 06/20/2020 9 SBA J
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- File
- 2020-06_PPP_Report_200620-508.pdf
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- 0e8fd843db4033933787e0aca9d4ec9fa5a4a5d8531d1c9589a9bffc8a0c1852
- Original
- www.sba.gov