US Total Paycheck Protection Program (PPP) Loan Amounts By Business State and Territory (2020)

According to data from the Small Businesss Administration (SBA), the SBA, as part of the paycheck protection program (PPP), has provided a total of 11,397,863 (11.40M) loans totaling $789,821,155,758 ($789.82B). The total number of jobs saved by these loans was 89,272,156 (89.27M). As at April 2025, 10.30M number of loans has been completely forgiven by SBA (90.40% of the total number of loans), and a total of $760.18B has been forgiven (96.25% of the total loan amount). The PPP program was intended to provide incentives for small businesses to keep their workers on payroll.

See below for information on the the total loan amount per business state, total loan amount forgiven per business state, and the total number of jobs saved by the PPP loan per business state.

Total Loan Amount: In terms of total loan amounts given per business state, California received the highest ($103,162,981,309), followed by Texas ($62,747,145,690), and New York ($60,733,821,072).

Number of Loans: For total number of loans given to businesses in each state, California received the highest (1,270,597), followed by Florida (983,329), and Texas (938,525).

The chart and table below shows the total loan amount, and the number of loans given to businesses by state and territory.

Total Loan Amount Forgiven: In terms of total loan amount forgiven per business state, California had the highest ($98,280,575,219), followed by Texas ($60,393,319,968), and New York ($57,913,131,148).

Number of Loans Completely Forgiven: For total number of loans that were completely forgiven in each business state, California had the highest (1,138,820), followed by Texas (849,113), and New York (662,136).

The chart and table below shows the total loan amount forgiven, and the number of loans which were completely forgiven by business state and territory.

Number of Jobs Saved By Loan: In terms of number of jobs saved by businesses with the PPP Loan, California had the highest (11,337,619), followed by Texas (7,285,546), and New York (6,693,649).

The chart and table below shows the number of jobs saved by the PPP loan by business state and territory.