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SBA’s Paycheck Protection Program (PPP) 

As of June 27, 2020, a total of $134 billion in PPP funding was still available, SBA reported.  Through the PPP, nearly 4.8 million loans have been made to businesses nationwide for a total of $518.9 billion (as of June 27). Lenders with less than $10 billion in assets accounted for 44% of all PPP loans, while lenders between $10 billion and $50 billion accounted for 19% and institutions with more than $50 billion in assets accounted for 37%. The overall average loan size was $108,000. View the latest PPP data.

Below is the application and other resources that explain the program*:

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