US Total Paycheck Protection Program (PPP) Loan Amounts By Borrower 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 11,397,838 (11.40M) loans totaling $789,817,477,636 ($789.82B). The total number of jobs saved by these loans was 89,271,583 (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 $760.17B 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 borrower state, total loan amount forgiven per borrower state, and the total number of jobs saved by the PPP loan per borrower state.

Total Loan Amount: In terms of total loan amounts given per borrower state, California received the highest ($103,157,164,222), followed by Texas ($62,748,976,190), and New York ($60,727,944,907).

Number of Loans: For total number of loans given to borrowers in each state, California received the highest (1,270,587), followed by Florida (983,317), and Texas (938,551).

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

Total Loan Amount Forgiven: In terms of total loan amount forgiven per borrower state, California had the highest ($98,274,917,215), followed by Texas ($60,391,877,442), and New York ($57,910,643,796).

Number of Loans Completely Forgiven: For total number of loans that were completely forgiven in each borrower state, California had the highest (1,138,817), followed by Florida (852,236), and Texas (849,102).

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

Number of Jobs Saved By Loan: In terms of number of jobs saved by borrowers with the PPP Loan, California had the highest (11,336,796), followed by Texas (7,285,396), and New York (6,692,941).

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