Treasury Releases PPP Loan Data; Here’s the Wisconsin Breakdown of $150,000 Loans and Above
The SBA and Treasury recently released loan-by-loan information about the Paycheck Protection Program. This data release follows the extension of the PPP application deadline until August 8. The Wisconsin Bankers Association has done a preliminary analysis of loan categories of $150,000 and above in the Badger State.
"The numbers show a truly impressive effort from Wisconsin’s banks on behalf of their customers,” said Rose Oswald Poels, president and CEO, Wisconsin Bankers Association. “Bankers worked around-the-clock to process these applications in addition to providing the usual economic tools at their disposal to support their communities.”
Overview
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.
Wisconsin PPP Numbers
While the below analysis is regarding loans over $150,000, it should be noted that over 73,000 loans were issued below that threshold.
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.
By, Eric Skrum
