PPP Round 2 Funds

We will be keeping close track of the depletion of the $284B of PPP Round 2 money via our dashboard.

From January 11th – 17th, when the program was limited to smaller financial institutions, the SBA approved 60,000 loans totaling $5 billion amongst 3,000 lenders. Expect the depletion of PPP funds to accelerate the next several weeks.