Joint Statement by Administrator Jovita Carranza and Secretary Steven T. Mnuchin on the Success of the Paycheck Protection Program
… millions of hardworking Americans. “Since Round 2 of PPP loan processing began on April 27, 2.2 million loans have been made to small businesses which surpasses the number of all loans made in PPP Round 1. The total value of … million loans is over $175 billion. Notably, the average loan size in Round 2 is $79,000, yet another indicator that …