Are you interested in learning more about how the Paycheck Protection Program (PPP) loans have been spent so far? You can check for updates on the SBA site here.
How much of the Paycheck Protection Program (PPP) loans have been approved so far?
As of April 16, 2020, the loan count was 1,661,367 with net approved dollars of $342,277,999,103. And, the lender count was 4,975.
What is the overall average loan size of the Paycheck Protection Program (PPP)?
As of April 16, 2020, the overall average loan size is $206,000.
What state has received the most funding for their businesses?
Texas has received the most funding so far with 134,737 loans approved for a total of $28,483,710,273.
For questions on the Paycheck Protection Program (PPP), check out the Q&A on our site here.
