SBA Releases PPP Loan Data
July 6, 2020On Monday, July 6, the U.S. Small Business Administration (SBA) and Treasury are releasing detailed information on Paycheck Protection Program (PPP) loans. The data will provide disclosures on all 4.9 million PPP loans that have been made, however, for loans under $150,000, SBA will not release the business name or address to ensure adequate privacy protections.
The data SBA is providing is 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
- $1-2 million
- $2-5 million
- $5-10 million
The data release also includes overall statistics regarding dollars lent per state, loan amounts, top lenders, and distribution by industry.
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.
