Thursday, April 18, 2024

Oklahoma banks make more than $1 billion in PPP loans

ince the Paycheck Protection Program reopened earlier this month for the third round, Oklahoma banks have made the majority of more than 27,000 loans worth more than $1.3 billion in the state thus far.

These numbers represent the 8th and 18th most, respectively, of all the states.

Nationally, 891,044 loans have been made to date in Round 3 totaling nearly $73 billion, with the average loan size being around $82,000.

You can view all the results thus far via the most recent Small Business Administration update by clicking here (.pdf).