Paycheck Protection Program (PPP) Report Approvals through 06/27/2020
Summary
A U.S. Small Business Administration Paycheck Protection Program (PPP) report of approvals through 06/27/2020. Its summary of approved lending shows 4,798,187 loans, $518,855,402,128 in net dollars and 5,458 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, loan sizes and industry by NAICS sector.
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 5 and 7 of 9 are not shown because the text could not be recognized reliably.
S BA U.S. Small Business Administrat ion Paycheck Protection Program (PPP) Report Approvals through 06/27/2020 Summary of PPP Approved Lending Loan Count Net Dollars Lender Count 4,798,187 $518,855,402,128 5,458 Lender Size Count on Net Dollars Aeon t >$50 B in Assets 34| 1,631,228 $189,419, 707,164 37% $10 B to $50 B in Assets 89 731,808 $100,462,643,372 19% <$10 B in Assets 5,335) 2,435,151 $228,973,051,592 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 06/27/2020 2 Le | SBA eZ J PPP Round 2 Lender Segments SBA ae | Lender Loan Lender Size Count Count Net Dollars Round 2 Round 2 Round 2 >$50 B in Assets 34 1,296,221 $93,264,243,716 $10 B to $50 B in Assets 89 433,053 $30,099,491,110 <$10 B in Assets 5,325| 1,446,250 $72, 730,966,245 Lender Loan Lender Group Count Count Net Dollars Round 2 Round 2 Round 2 CDFls 302 66,817 $3,091 945,241 CDFI lenders and associated loans are also captured in the <S10 billion or less lender asset size. Approvals through 06/27/2020 3 J Lender Segments CDFI’s and MDI’s Lender Type Lender Tr Loan Count Net Dollars CDFls 101,799 S7,308,824,055 MDIs 171 116,160 | _$10,340,423,585 - minus CDFI/MDIs identified in both groups 50 15,121 $1,492,044,482 Total 424 202,838 $16,157,203,158 Lenders with <$1b Assets and Non-Banks Lender Type Lender Count Loan Count Net Dollars Banks (less than $1b) 3,563 1,043,598] $84,644,341,288 Small Business Lending Companies 14 59,569 $6,541,182,430 Fintechs (and other State Regulated) 19 136,357 $3,858,923,051 Credit Unions (less than $1b) 722 60,843 S2,986,484,375 Farm Credit Lenders 54 14,835 $1,319,601,387 Savings & Loans (less than $1b) 77 11,231 $1,027,499,601 Certified Development Companies 19 6,979 $364,614,980 Non Bank CDFI Funds 8 6,901 $321,271,263 Microlenders 32 6,320 $194,917,276 BIDCOs 1 23 $787,713 Total 4,509 1,346,656| $101,259,623,364 * Loans from CDFI/MDI banks with <$1b Assets and non-bank CDFls are captured in both tables. Approvals through 06/27/2020 4 Le | SBA eZ J Loan Size Loan Size Loan Count Net Dollars $50K and Under 3,183,498 $57 597,025,357 66.3% 11.1% >$50K - $100K 669,290 $47 662,184,747 13.9% 9.2% >$100K - $150K 289,515 $35,442,416,547 6.0% 6.8% >$150K - $350K 374,538 $84,111,757,522 7.8% 16.2% >$350K - $1M 198,810} $113,084,450,925 4.1% 21.8% >$1M-$2M 52,909 $73,337 ,653,204 1.1% 14.1% >$2M - $5M 24,799 $73,726,122,011 0.5% 14.2% >$5M 4,828 $33,893,791,814 0.1% 6.5% * Overall average loan size is: $108K. Approvals through 06/27/2020 6 SBA eZ J Industry by NAICS Sector NAICS Sector Description Net Dollars Health Care and Social Assistance 498,619 $67,063,958,653 12.93% Professional, Scientific, and Technical Services 625,899 $66,086,051,708 12.74% Construction 458,166 $64,295,009,595 12.39% Manufacturing 227,059 $53,832,465,033 10.38% Accommodation and Food Services 362,510 $41,880,450,146 8.07% Retail Trade 444,069 $40,196,971,939 7.75% Other Services (except Public Administration) 518,787 $30,904,749,176 5.96% Wholesale Trade 165,129 $27,640,515,965 5.33% Administrative and Support and Waste Management and Remediation Services 236,708 $26,372,821,783 5.08% Transportation and Warehousing 183,722 $16,899,067,667 3.26% Real Estate and Rental and Leasing 240,355 $15,503,827,329 2.99% Finance and Insurance 165,437 $12,123,849,534 2.34% Educational Services 79,507 $11,928,442,621 2.30% Unclassified Establishments 222,082 $9,902,996,225 1.91% Information 67,776 $9,208,023,372 1.77% Arts, Entertainment, and Recreation 115,236 $7,929,438, 187 1.53% Agriculture, Forestry, Fishing and Hunting 136,032 $7,802,331,432 1.50% Mining 21,336 $4,496,607,831 0.87% Public Administration 13,193 $1,723,463,530 0.33% Management of Companies and Enterprises 8,772 $1,578,022,056 0.30% Utilities 7,793 $1,486,338,345 0.29% Approvals through 06/27/2020 8 SBA eZ J Amount of Funding Remaining $134,453,990,454 Available funds captures approvals net of cancellations as well as loan increases, decreases, and reinstatements. This amount accounts for statutory program costs. This amount also includes $10 billion PPP CDFI set aside. Approvals through 06/27/2020 9 Le | SBA eZ J
File and source
- File
- 2020-06_PPP_Report_Public_200627-FInal-508.pdf
- Size
- 662,034 bytes
- SHA-256
- be1b22c9308bf2dc97e497c93516772c78ef90554748ed33de5ac66d273dbe07
- Original
- www.sba.gov