Paycheck Protection Program (PPP) Report Approvals through 06/06/2020
Summary
A U.S. Small Business Administration Paycheck Protection Program (PPP) report of approvals through 06/06/2020. Its summary of approved lending shows 4,531,883 loans, $511,382,171,979 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 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 5–7 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 06/06/2020 Summary of PPP Approved Lending Loan Count Net Dollars Lender Count 4,531,883) $511,382,171,979 5,458 Lender Loan % Of Lender Size Count Count Net Dollars Amount >$50 B in Assets 34} 1,564,461 $187,487,313,038 37% $10 B to $50 B in Assets 90 704,408 $99, 839,980, 206 20% <$10 B in Assets 5,334] 2,263,014 $224,054,878, 735 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 06/06/2020 2 Le | SBA eZ J PPP Round 2 Lender Segments SBA ae | Lender Loan Lender Size Count Count Net pomers SATAN Round 2 Round 2 >$50 B in Assets 34] 1,229,040 $91,105,733,427 $10 B to $50 B in Assets 90 405,184 $29,341,896,306 <$10 B in Assets 5,324) 1,271,181 $67,517,156,421 HEGEL HOE Net Dollars Round 2 Lender Group Count Count Round 2 Round 2 CDFI lenders and associated loans are also captured in the <S10 billion or less lender asset size. Approvals through 06/06/2020 3 J Lender Segments CDFI’s and MDI’s Lender Type Lender Count Loan Count Net Dollars CDFls 303 95,151 S7,145,415,850 MDIs 171 109,449 $10, 213,940,103 - minus CDFI/MDIs identified in both groups 50 14,422 $1,472,692,457 Total 424 190,178 $15,886,663,496 Lenders with <S1b Assets and Non-Banks Lender Type Lender Count Loan Count Net Dollars Banks (less than $1b) 3,570 982,363] $82,959,927,625 Small Business Lending Companies 14 58,885| $6,328,867,931 Credit Unions (less than $1b) 721 57,177| $2,898,678,687 Fintechs (and other State Regulated) 19 82,482| $2,394,189,436 Farm Credit Lenders 54 14,115] $1,270,960,861 Savings & Loans (less than $1b) 78 11,080] $1,049,702,364 Certified Development Companies 19 5,970 $338,614,624 Non Bank CDFI Funds 8 5,367 $271,586,671 Microlenders 32 5,355 $165,426,355 BIDCOs 1 23 $787,713 Total 4,516 1,222,817| $97,678,742,267 * Loans from CDFI/MDI banks with <$1b Assets and non-bank CDFls are captured in both tables. Approvals through 06/06/2020 4 | Ww > [ Industry by NAICS Sector Loan % of NAICS Sector Description Count Net Dollars Amount Health Care and Social Assistance 475,706 $66,116,892, 187 12.93% Professional, Scientific, and Technical Services 589,542 $65,242, 167,416 12.76% Construction 434,720 $63,578,254,948 12.43% Manufacturing 219,814 $53,505, 238,934 10.46% Accommodation and Food Services 344,104 $41,066,112,230 8.03% Retail Trade 421,687| $39,658,145,446 7.76% Other Services (except Public Administration) 477,316 $30,059,675, 387 5.88% Wholesale Trade 158,519 $27,415,340,831 5.36% Administrative and Support and Waste Management and Remediation Services 224,768 $25,974, 183,957 5.08% Transportation and Warehousing 157,820 $16, 293,334,981 3.19% Real Estate and Rental and Leasing 225,139 $15,202,496,179 2.97% Finance and Insurance 156,429 $11,967,840,821 2.34% Educational Services 74,230 $11,758,914,754 2.30% Unclassified Establishments 223,648 $9, 961,029,864 1.95% Information 63,984 $9,092, 167,092 1.78% Arts, Entertainment, and Recreation 106,352 $7,677 ,909,825 1.50% Agriculture, Forestry, Fishing and Hunting 129,258 $7,635, 183,929 1.49% Mining 20,610 $4,477,493,683 0.88% Public Administration 12,473 $1,697,067,492 0.33% Management of Companies and Enterprises 8,327 $1,557 ,291,638 0.30% Utilities 7,437 $1,445,430,383 0.28% Approvals through 06/06/2020 8 Le | BA EE Amount of Funding Remaining $130,681,819,671 Available funds captures approvals net of cancellations as well as loan increases, decreases, and reinstatements. This amount accounts for statutory program costs. Approvals through 06/06/2020 9 Le | SBA eZ J
File and source
- File
- 2020-06_PPP_Report_Public_200606-FINAL_-508.pdf
- Size
- 630,967 bytes
- SHA-256
- 195a8570c3b0b4ad1840d8894ef4916f5d1682c59f473714dca8cb8457481592
- Original
- www.sba.gov