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Disaster Assistance Update: Nationwide EIDL Loans (May 9, 2020)

Summary

An SBA Disaster Assistance Update on nationwide EIDL loans dated May 9, 2020, reporting 78,020 COVID-19 loans approved for $11,515,643,731 in dollars approved, with figures as of 5/8/2020. It lists approvals by state and territory, led by California with 15,100 loans for $2,525,366,470 and Florida with 6,160 loans for $807,855,600. Texas had 4,859 loans for $705,252,900 and New York 4,126 loans for $587,496,300.

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Disaster Assistance Update
  Nationwide EIDL Loans
       May 9, 2020
                                                                                     May 9, 2020
                       SBA Disaster Assistance Update
                      Nationwide EIDL Loans / COVID-19
  Loans Approved              78,020        Dollars Approved        $ 11,515,643,731
STATE         APPROVED      DOLLARS     STATE              APPROVED   DOLLARS
Alabama          802      $ 103,513,000 Kansas                541   $  73,847,700
Alaska           64       $      8,163,800 Kentucky           667          $      76,224,400
Arkansas        397       $     49,554,600 Louisiana         1,617         $     229,241,600
Arizona         1,238     $    197,130,600 Maine              520          $      68,006,100
California     15,100     $ 2,525,366,470 Maryland           1,298         $     199,630,800
Colorado        1,670     $    268,042,653 Massachusetts     1,719         $     242,751,300
Connecticut     1,562     $    244,930,000 Michigan          1,792         $     251,828,600
Delaware        190       $     33,646,600 Minnesota         1,209         $     185,263,400
Florida         6,160     $    807,855,600 Mississippi        373          $      47,040,100
Georgia         2,926     $    436,881,533 Missouri           841          $     113,954,600
Hawaii          279       $     21,964,300 Montana            263          $      30,831,300
Idaho           243       $     31,448,700 Nebraska           338          $      41,892,900
Illinois        2,649     $    382,131,360 Nevada            1,167         $     196,506,200
Indiana         1,097     $    157,084,400 New Hampshire      464          $      68,531,600
Iowa            595       $     61,456,900 New Jersey        2,317         $     344,153,100
                                                                                                   2
                                                                     Figures as of 5/8/2020
                                                                                           May 9, 2020
                       SBA Disaster Assistance Update
                      Nationwide EIDL Loans / COVID-19

  Loans Approved                78,020        Dollars Approved             $ 11,515,643,731

STATE            APPROVED       DOLLARS      STATE                 APPROVED           DOLLARS
New Mexico         361      $    53,337,500 Utah                     745          $   132,817,200
New York           4,126    $ 587,496,300 Vermont                    173          $     19,631,410
North Carolina     2,218    $ 312,701,500 Virginia                   1,805        $   281,449,100
North Dakota       219      $    30,769,000 Washington               2,713        $   398,788,300
Ohio               2,370    $ 345,085,700 West Virginia              178          $     16,864,600
Oklahoma           746      $ 98,565,600 Wisconsin                   951          $   123,902,800
Oregon             953      $ 135,090,500 Wyoming                    142          $    20,697,900
Pennsylvania       2,401    $ 326,810,805 American Samoa              --          $                 --
Rhode Island       394      $    49,079,400 District of Columbia     380          $     82,165,800
South Carolina     954      $ 129,315,700 Guam                        7           $         651,000
South Dakota       194      $    18,413,500 N. Mariana Islands        6           $         293,700
Tennessee          949      $ 141,386,300 Puerto Rico                 70          $       5,292,900
Texas              4,859    $ 705,252,900 U.S. Virgin Islands         8           $         910,100

                                                                                                         3
                                                                           Figures as of 5/8/2020

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2020-05_EIDL-COVID-19-Loan-5.9.20_0.pdf
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