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Paycheck Protection Program (PPP) Loans

11,468,210 PPP loans worth $793B went to businesses and nonprofits in 2020 and 2021, and 96% of the money was forgiven.

Search PPP loans

Look up a business by name, or list every loan in a ZIP code.

Loans
11,468,210
Total approved
$793B
Average $69,113
Jobs reported
89,850,871
As stated by borrowers
Forgiven
$763B
96% of approved

PPP loan dollars by state

Darker states received more. Select a state.

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PPP loans by state

Total approved, largest first

Swipe the table sideways to see more columns.

#StateLoansAmountAverageJobs reported
1California1,270,593$103B$81,18911,336,856
2Texas938,551$62.75B$66,8577,285,396
3New York734,799$60.73B$82,6466,692,943
4Florida983,321$50.06B$50,9066,064,245
5Illinois620,021$37.3B$60,1613,909,954
6Pennsylvania342,420$30.47B$88,9853,322,752
7Ohio351,984$27.19B$77,2523,127,371
8New Jersey302,430$25.59B$84,6172,756,231
9Georgia553,311$24.88B$44,9572,729,012
10Michigan291,529$24.13B$82,7802,810,555
11Massachusetts217,222$21.08B$97,0452,101,586
12Washington195,227$18.26B$93,5411,910,778
13Virginia221,088$17.97B$81,2881,993,913
14North Carolina258,993$17.66B$68,1942,225,006
15Minnesota225,357$16.58B$73,5521,774,400
16Colorado192,267$15.06B$78,3301,643,663
17Maryland190,721$14.97B$78,4921,617,757
18Wisconsin187,821$14.22B$75,7091,681,163
19Indiana186,166$13.84B$74,3361,602,014
20Missouri233,136$13.71B$58,8261,584,503
21Tennessee229,734$13.37B$58,1931,557,503
22Arizona169,242$12.39B$73,1921,576,891
23Louisiana217,315$12.19B$56,0981,403,725
24Oregon115,871$10.07B$86,8821,131,156
25Connecticut117,888$9.9B$84,0001,050,523
26Alabama169,555$9.41B$55,5261,117,446
27South Carolina150,226$8.68B$57,7691,093,253
28Oklahoma154,905$8.33B$53,755968,373
29Iowa171,716$8.09B$47,084910,679
30Kentucky128,431$7.8B$60,725967,593
31Kansas126,400$7.38B$58,394823,993
32Utah84,023$7.06B$83,993869,690
33Nevada118,223$6.82B$57,706792,572
34Mississippi138,394$5.43B$39,228690,338
35Nebraska114,183$5.38B$47,119622,897
36Arkansas102,039$5B$48,967633,735
37Hawaii44,564$3.81B$85,472413,453
38New Hampshire40,933$3.71B$90,545409,583
39Idaho52,388$3.5B$66,827461,697
40New Mexico41,167$3.38B$82,116415,931
41District of Columbia29,520$3.3B$111,730292,325
42Maine47,407$3.25B$68,630389,660
43North Dakota51,521$2.89B$56,167292,031
44Rhode Island33,805$2.88B$85,135318,466
45Puerto Rico70,201$2.77B$39,521578,205
46South Dakota64,079$2.73B$42,587313,889
47West Virginia33,317$2.6B$78,050327,224
48Montana47,066$2.59B$55,072324,345
49Delaware27,734$2.26B$81,477258,065
50Alaska23,693$2.05B$86,409198,356
51Vermont21,697$1.76B$81,232198,486
52Wyoming25,651$1.64B$63,974179,398
53Guam3,584$297M$82,96353,626
54U.S. Virgin Islands3,403$201M$59,14525,995
55Northern Mariana Islands919$63.8M$69,42114,620
56American Samoa314$12.44M$39,6104,576

Loans by industry

Share of total loan dollars

  • Construction1,021,257 loans12.3%
  • Health care and social assistance992,996 loans12.1%
  • Professional and technical services1,300,991 loans11.9%
  • Accommodation and food services819,073 loans10.5%
  • Manufacturing444,953 loans9.6%
  • Other services1,599,055 loans7.2%
  • Retail trade903,653 loans6.9%
  • Administrative and support services619,640 loans4.9%
  • Wholesale trade348,074 loans4.8%
  • Transportation and warehousing941,163 loans4.1%

Loans by size

Share of the number of loans

  • Under $20K5,308,38046.3%
  • $20K to $50K3,664,22532.0%
  • $50K to $150K1,527,07713.3%
  • $150K to $350K567,4574.9%
  • $350K to $1M292,1052.5%
  • $1M to $2M73,5930.6%
  • $2M or more35,3730.3%

Top lenders

By loan dollars

  1. 1JPMorgan Chase Bank, National Association452,892$44.11B
  2. 2Bank of America, National Association491,034$34.41B
  3. 3PNC Bank, National Association119,352$17.32B
  4. 4Truist Bank117,956$16.21B
  5. 5Wells Fargo Bank, National Association280,717$13.78B
  6. 6Manufacturers and Traders Trust Company90,029$13.31B
  7. 7Cross River Bank478,866$12.89B
  8. 8TD Bank, National Association133,140$12.27B
  9. 9KeyBank National Association69,405$11.12B
  10. 10The Huntington National Bank83,184$11.1B

Frequently asked questions

What was the Paycheck Protection Program?
The PPP was a federal loan program run by the Small Business Administration in 2020 and 2021 to help businesses and nonprofits keep paying workers during the COVID-19 pandemic. Loans were made by banks and other lenders and could be forgiven if most of the money went to payroll.
Is PPP loan data public?
Yes. The Small Business Administration publishes data on every PPP loan, including the borrower name, location, loan amount, lender, jobs reported and forgiveness amount. We show names for businesses and organizations, but not for sole proprietors, self-employed individuals or independent contractors, and we do not show street addresses.
How many PPP loans were forgiven?
Of $793B in approved PPP loans, $763B has been forgiven (96%), according to SBA data.
How do I look up a PPP loan?
Use the search box to find a business by name, or open a state, county, city or ZIP code page to see every loan made to borrowers there, sorted from largest to smallest.