PPP Loan 2022 – Check PPP Loan List, Loan Forgiveness Names, Application, Fraud & more

To address the economic impact of the COVID-19 pandemic, the Coronavirus Aid, Relief and Economic Security Act (CARES Act) provides forgivable loans to help small businesses through a new paycheck protection program known as PPP loan 2021. A PPP loan created a direct incentive for small businesses to put their employees on the payroll. According to the guideline, if all employee retention criteria are met, and the funds are used for qualified expenses, the SBA will forgive the loan.

What is a PPP Loan?

A PPP loan created a direct incentive for small businesses to put their employees on the payroll. The loan is divided into two draws. First Draw PPP loans can be used to help fund payroll costs and can be used to pay employee salaries, other payroll costs, mortgage interest, rent interest, utilities, and other debt obligations. If you have previously obtained a PPP loan, some businesses are eligible for a second draw PPP loan.

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Who can Apply for PPP Loan?

• Any business, non-profit organization, veteran organization, or tribal trade association
• Sole proprietors, independent contractors, and self-employed individuals
• Any business with a NAICS code begins with 72 (housing and food services), has more than one physical location and employs fewer than 500 per location
• Any small business that meets the SBA’s size standards

Benefits

• The interest rate of PPP loan is 1%.
• No collateral or personal guarantee is required.
• Loans issued before June 5, 2020, have a maturity period of 2 years and Loans issued after June 5, 2020, have a maturity period of 5 years.
• Neither the government nor the lender will charge small businesses any fees.
• Loan payments will be deferred for borrowers who apply for loan forgiveness until the SBA remits the borrower’s loan forgiveness amount to the lender. If a borrower does not apply for loan forgiveness, payments are deferred 10 months after the end of the period covered for the borrower’s loan forgiveness (between 8 and 24 weeks).

PPP Loan application

» PPP loan round 1 – PPP 1st Round Borrower Application Form 2021

» The PPP loan round 2 – PPP 2nd Round Borrower Application Form

PPP Loan forgiveness

Check the Loan Forgiveness Terms and conditions, then go for ppp loan forgiveness application → Compile your all documentation → Submit the forgiveness form and documentation to SBA or your PPP lender → Continue to monitor your application.

Check details here – SBA PPP loan forgiveness US

PPP Loan list

Here is the list of PPP loan recipients by state: Over 11 million loans sanctioned by lenders and disclosed by the SBA.

State	Total	$150k or less	$150k – $350k	$350k – $1m	$1m – 2m	$2m – 5m	$5m – 10m
Alabama	169,672	158,760	6,558	3,199	794	308	42
Alaska	23,700	21,037	1,621	774	186	67	15
American Samoa	324	304	15	5	0	0	0
Arizona	169,344	153,548	9,412	4,728	1,128	469	45
Arkansas	102,115	96,258	3,608	1,709	392	130	17
California	1,271,195	1,140,574	75,585	40,204	10,112	4,064	567
Colorado	192,300	172,558	11,931	5,780	1,376	556	86
Connecticut	117,912	105,019	7,581	3,898	981	385	43
Delaware	27,741	24,745	1,803	894	196	88	14
District of Columbia	29,532	25,133	2,361	1,435	417	170	14
Florida	983,700	923,660	37,662	17,109	3,706	1,359	179
Georgia	553,828	527,996	15,826	7,314	1,851	715	112
Guam	3,584	3,141	269	139	28	7	0
Hawaii	44,566	39,586	2,954	1,466	386	154	18
Idaho	52,401	47,985	2,762	1,247	266	126	13
Illinois	621,411	580,597	22,877	12,647	3,579	1,442	229
Indiana	186,349	169,748	9,388	5,171	1,359	587	84
Iowa	171,777	163,482	4,762	2,498	665	319	48
Kansas	126,454	118,252	4,619	2,509	677	358	34
Kentucky	128,497	119,318	5,324	2,803	688	305	54
Louisiana	217,542	203,874	7,890	4,168	1,098	429	74
Maine	47,415	43,230	2,609	1,175	272	105	23
Maryland	190,787	171,808	10,894	5,887	1,514	602	77
Massachusetts	217,267	189,796	15,781	8,486	2,174	872	137
Michigan	291,690	261,884	17,220	8,988	2,405	1,007	165
Minnesota	225,454	205,724	11,083	6,127	1,641	736	119
Mississippi	138,484	132,982	3,410	1,545	389	140	17
Missouri	233,267	216,917	9,489	5,026	1,198	536	93
Montana	47,073	43,929	2,032	839	192	71	9
Nebraska	114,204	108,400	3,420	1,757	416	173	33
Nevada	118,340	110,078	4,972	2,419	626	219	24
New Hampshire	40,930	35,852	3,035	1,556	342	130	14
New Jersey	302,496	269,963	18,658	10,147	2,520	1,040	150
New Mexico	41,189	36,704	2,748	1,279	301	139	17
New York	735,062	660,949	42,061	22,768	6,132	2,628	415
North Carolina	259,131	236,305	14,258	6,418	1,459	599	81
North Dakota	51,528	48,306	1,901	915	268	122	15
Northern Mariana Islands	919	837	51	22	8	1	0
Ohio	352,307	319,661	18,490	10,011	2,757	1,169	183
Oklahoma	154,949	144,953	5,828	3,126	696	301	38
Oregon	115,895	102,439	8,121	3,987	889	404	48
Pennsylvania	342,616	304,079	21,937	11,875	3,148	1,357	191
Puerto Rico	70,203	67,251	1,798	872	193	78	6
Rhode Island	33,819	30,027	2,211	1,164	304	97	16
South Carolina	150,318	139,577	6,701	3,058	717	230	32
South Dakota	64,090	61,395	1,584	812	200	91	8
Tennessee	229,892	214,023	9,449	4,764	1,141	427	74
Texas	939,068	862,883	44,846	22,920	5,656	2,380	312
Utah	84,040	74,745	5,505	2,788	700	261	36
Vermont	21,702	19,433	1,345	683	156	77	8
Virginia	221,165	197,897	13,792	6,902	1,740	718	99
Virgin Islands	3,403	3,113	208	67	12	2	1
Washington	195,286	171,532	13,988	7,060	1,772	807	111
West Virginia	33,336	29,971	2,002	1,007	235	112	9
Wisconsin	187,915	170,561	9,902	5,326	1,408	611	94
Wyoming	25,656	23,517	1,323	639	131	36	9

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