In Delta Business Acumen, General

2/3 of PPP Loans Were $50,000 or Less

Although two thirds of PPP loans were for $50,000 or less, the total amount of dollars loaned in this smallest of increments was only approximately $57 billion – just over 11 percent of the total 521 billion paid out thru June 30.

27 percent of loans were between $50,000 and $350,000 – and received $168 billion.  Million-dollar plus loans, less than two percent of all loans, received a total of $181 billion.

https://www.statista.com/chart/22072/size-of-ppp-loans-in-united-states/?utm_source=Statista+Global&utm_campaign=a0e8945536-All_InfographTicker_daily_COM_AM_KW28_2020_We&utm_medium=email&utm_term=0_afecd219f5-a0e8945536-310406882

Learn more about Delta Business Advisors at: https://DeltaBusinessAdvisors.com or contact us @ 480-686-8062 | Lisa@DeltaBusinessAdvisors.com | Schedule a meeting with Lisa: https://calendly.com/lisariley

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