COVID Loan Tracker was founded by small business owners to help fellow entrepreneurs understand when their PPP and EIDL loans will be paid. The SBA has provided very poor leadership and information, and the need for real data about when loans are actually being disbursed has never been higher. Please help yourself and fellow small business owners by filling out our survey so we can all understand when we will get our loans.
FILL OUT THE SURVEY TO HELP SMALL BUSINESS OWNERS
The SBA has been very short on details throughout the Paycheck Protection Program. While they have released “approval” numbers, there is no data on how many loans have actually been disbursed. If you are a small business owner, approval means nothing and disbursement means everything—you cannot pay employees with an approval, you need cash. With that min mind, COVID Loan Tracker has launched live stats which track the disbursement rate of PPP loans right on its home page.
You can instantly see what percent of loans have been disbursed, the median processing time, the total volume of loans processed, the median size of loan, the median employees of successful applicants and more. For a deeper dive, view the DATA page, which includes more in-depth charting.