The SBA and Treasury recently released loan-by-loan information about the Paycheck Protection Program. WBA has an explanation of what information was included as well as a Wisconsin summary of loans of $150,000 and above for you.
Overview
Nationally, loans of $150,000 and up account for nearly three-quarters of the dollar volume of PPP loans. For loans of $150,000 and up, the data released includes
- Business names
- Addresses
- NAICS codes
- Business type
- Demographic data
- Jobs supported
- Lender name
- Dollar ranges for loan amounts.
Dollar amounts are being disclosed in ranges of $150,000-$350,000; $350,000-$1 million; $1 million-$2 million; $2 million-$5 million; and $5 million-$10 million.
For loans below $150,000, SBA and Treasury won’t release business names. They will release loan totals, aggregated by ZIP code, by industry, by business type, and by various demographic categories.
Wisconsin PPP Numbers
While the below analysis is regarding loans over $150,000, it should be noted that over 73,000 loans (85%) were issued below that threshold and truly went to small businesses.
Here is a breakdown of WBA’s initial analysis of loan categories of $150,000 and above in the Badger State.
Number of loans issued by category
$150,000-$350,000 |
6,804 |
$350,000-$1 million |
3,874 |
$1 million-$2 million |
1,061 |
$2 million-$5 million |
514 |
$5 million-$10 million |
102 |
Total |
12,355 |
Number of jobs retained by category
$150,000-$350,000 |
166,216 |
$350,000-$1 million |
197,889 |
$1 million-$2 million |
114,858 |
$2 million-$5 million |
106,672 |
$5 million-$10 million |
33,984 |
Total |
619,619 |
Top 10 Cities
Milwaukee |
1,396 |
Madison |
865 |
Green Bay |
505 |
Waukesha |
361 |
Appleton |
302 |
Brookfield |
275 |
Eau Claire |
199 |
Menomonee Falls |
174 |
New Berlin |
170 |
Kenosha |
164 |
You can download the SBA Paycheck Protection Program Loan Level Data by clicking here.
You read the SBA Paycheck Protection Program Loan Report (Round 2 through June 30) by clicking here.