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SBA has issued a report on PPP loan approvals through 4/16: https://www.sba.gov/sites/default/files/2020-04/PPP%20Deck%2...

The highlights of the report:

* 1.6 million loans worth $342 billion approved through 4,975 lenders

* California, Texas and New York accounted for 23% of the loans, more than $82 billion. (see Reuters graphic: https://fingfx.thomsonreuters.com/gfx/editorcharts/qmypmrzyv...)

* Number of loans approved per 1,000 small businesses was the highest for rural states (see Reuters graphic: https://fingfx.thomsonreuters.com/gfx/editorcharts/xlbpgxaov...)

* A breakdown of loans per industry shows that construction and manufacturing firms were awarded loan amounts disproportionately higher than the share of employees in that sector. (See Reuters graphic: https://fingfx.thomsonreuters.com/gfx/editorcharts/qzjvqlbop...)

* The top lender processed $14 billion in loans across 27,307 businesses, with $515,304 average loan amount.

* The lender with the most number of loans processed $2.9 billion to 40,746 businesses with $72,803 average loan amount.

More analysis here: https://www.reuters.com/article/us-health-coronavirus-usa-le...



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