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7/6/2020

SBA and Treasury Announce Release of Paycheck Protection Program Loan Data | U.S. Department of the Treasury

SBA and Treasury Announce Release of Paycheck Protection
Program Loan Data
July 6, 2020

WASHINGTON – The U.S. Small Business Administration, in consultation with the Treasury
Department, today announced it was releasing detailed loan-level data regarding the loans
made under the Paycheck Protection Program (PPP). This disclosure covers each of the 4.9
million PPP loans that have been made.
“The PPP is providing much-needed relief to millions of American small businesses, supporting
more than 51 million jobs and over 80 percent of all small business employees, who are the
drivers of economic growth in our country,” said Secretary Steven T. Mnuchin. “We are
particularly pleased that 27% of the program’s reach in low and moderate income communities
which is in proportion to percentage of population in these areas. The average loan size is
approximately $100,000, demonstrating that the program is serving the smallest of businesses,”
he continued. “Today’s release of loan data strikes the appropriate balance of providing the
American people with transparency, while protecting sensitive payroll and personal income
information of small businesses, sole proprietors, and independent contractors.”
“The PPP is an indisputable success for small businesses, especially to the communities in
which these employers serve as the main job creators,” said Administrator Jovita Carranza. “In
three months, this Administration was able to act quickly to get funding into the hands of those
who faced enormous obstacles as a result of the pandemic. Today’s data shows that small
businesses of all types and across all industries benefited from this unprecedented program.
The jobs numbers released last week reinforced that PPP is working by keeping employees on
payroll and sustaining millions of small businesses through this time.”
Today’s release includes loan-level data, including business names, addresses, NAICS codes, zip
codes, business type, demographic data, non-profit information, name of lender, jobs
supported, and loan amount ranges as follows:
$150,000-350,000
$350,000-1 million
https://home.treasury.gov/news/press-releases/sm1052

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7/6/2020

SBA and Treasury Announce Release of Paycheck Protection Program Loan Data | U.S. Department of the Treasury

$1-2 million
$2-5 million
$5-10 million
These categories account for nearly 75 percent of the loan dollars approved. For all loans below
$150,000, SBA is releasing all of the above information except for business names and
addresses.
The data release also includes overall statistics regarding dollars lent per state, loan amounts,
top lenders, and distribution by industry. The loans have reached diverse communities
proportionally, across all income levels and demographics.
In addition, the data provides information regarding the sizes of participating lenders and
participation by community development financial institutions, minority depository
institutions, Farm Credit System institutions, fintechs and other nonbanks, and other types of
lenders. It further contains data showing the reach of the program in underserved
communities, rural communities, historically underutilized business zones (HUBZones), and
participation by religious, grantmaking, civil, professional, and other similar organizations.
View the Paycheck Protection Program Report through June 30th

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Loan-level data.
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https://home.treasury.gov/news/press-releases/sm1052

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