SBA Update

June 22, 2020



Fixed-Rate DCPC Pools



June Fixed-Rate DCPC Auction



Floating-Rate 7(a) Pools


Paycheck Protection Program (PPP) – Disclosures Announced


PPP Forgiveness – EZ Application Form Available


Summary of Paycheck Protection Program (data as of June 20, 2020)

Through June 20th, $514.94 billion in PPP loans have been approved by the SBA totaling 4.67 million small business loans through 5,456 participating lenders.  The average size of PPP loans is $110,347 and the amount of PPP funding remaining is $128.36 billion.  The last day to apply for PPP loans is June 30, 2020.



Dan Stimpson, CPA

Senior Vice President, Investment Strategies

Vining Sparks IBG, LP

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