Paycheck Protection Program (PPP) Small Business Loan Approvals Infographic
April 21, 2020 SC&H Group
As of April 16, 2020, the Small Business Administration announced that all of the $349 billion approved by Congress for PPP Loans has been allocated, with some of this already being funded to businesses. They’ve started to release more comprehensive (but not quite final) data behind the loan distribution, giving individuals and businesses the opportunity to see how the initial PPP wave unfolded.
While we await word on if there will be a PPP Round 2 in the near future, let’s take a deeper dive into the data provided by the SBA.
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