The Treasury Department and the Small Business Administration have released detailed, updated data about the success of the Paycheck Protection Program. According to U.S. Congressman David Rouzer, the release includes loan-level data for each of the 4.9 million PPP loans that have been made and includes names and addresses for companies receiving loans of more than $150,000.
The data shows that the PPP has supported more than 51 million jobs and more than 80 percent of all small business employees, with an average loan size of approximately $100,000.
The data also shows that the program has supported about 1.7 million jobs right here in North Carolina, with $12.4 billion in loans issued to North Carolina small businesses.
An overview of the data release from the SBA, with some key points, is here.
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