Jobs Retained by PPP in the Triad’s 3 Big Cities

Digging a little more into the PPP numbers from the SBA (see yesterday’s post) it’s interesting to look at the number of small loans (under $150,000) versus the number of larger loans (over $150,000) and the number of jobs they have retained according to the report.

According to the data there were 9,670 loans combined in the three cities and of those 8,131, or 84% were under $150,000.

PPP loans by size

The data also shows that there were 115,448 jobs retained and of those 38,735, or 34% came from the small loans.

PPP Jobs Retained

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