PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA (Updated June 30, 2023)

PPP Loan Recipient List By State — Minnesota

225,338 TOTAL PPP LOANS
$16.6B TOTAL LOAN AMOUNT
$73,525 AVERAGE PPP LOAN
8 AVG COMPANY SIZE

Minnesota has a total of 225,338 businesses that received Paycheck Protection Program (PPP) loans from the Small Business Administration.

This table shows the top 5 industries in Minnesota by number of loans awarded, with average loan amounts and number of jobs reported.

The tool below can be used to search all publicly released PPP recipients in MN. Filter the list or search for specific companies.

Top Industries Avg Loan Avg Jobs % Total Total Loans
Corn Farming $18,091 1 1% 9,909
Beauty Salons $23,318 3 1% 6,683
Beef Cattle Ranching and Farming $12,258 1 0% 6,100
Soybean Farming $17,892 1 1% 6,052
Full-Service Restaurants $145,657 26 5% 5,494

† "% Total" is the percent of total dollars allocated to each industry. "Total Loans" may be higher and "% Total" lower if the "Avg Loan" amount is low.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.

All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/mn