South Dakota Bankers Association: SBA - 4.7 Million Paycheck Protection Program Loans Made as of June 20
June 26, 2020
June 26, 2020
PIERRE, South Dakota, June 26 -- The South Dakota Bankers Association issued the following news:
Lenders nationwide had made approximately 4.7 million PPP loans totaling $515 billion as of last Saturday, SBA reported over the weekend.
Forty-four percent of all PPP loans were made by lenders with less than $10 billion in assets, 19% were made by institutions with $10 billion to $50 billion in assets, and 37% were made by institutions with more than $50 billion in assets. . . .
Lenders nationwide had made approximately 4.7 million PPP loans totaling $515 billion as of last Saturday, SBA reported over the weekend.
Forty-four percent of all PPP loans were made by lenders with less than $10 billion in assets, 19% were made by institutions with $10 billion to $50 billion in assets, and 37% were made by institutions with more than $50 billion in assets. . . .