IBA COVID-19 Updates 7-7-20
COVID-19 UPDATES
New PPP Data Released
The SBA and Treasury have released additional data on the Paycheck Protection Program, indicating that 4.9 million in PPP loans have supported more than 51 million jobs and more than 80% of small-business employees. Further, 27% of program funds have reached low- and moderate-income communities.
Also available is loan-by-loan information and state statistics, including:
• Total Indiana PPP loans: 79,151
• Total Indiana PPP dollars: $9,485,147,788
• Indiana Jobs supported by PPP: 1...