Where Did PPP Loans Go? Taking a Deeper Dive.

Recently, I published a dashboard that took a broad look at PPP loan data. Over the past few weeks, I looked deeper into that data set in order to pull more interesting findings from it.

Before you take a look, here are the most significant highlights in my opinion:

• Spelling mistakes were prominent. Out of some of the 9 largest cities in the USA, there were more than 100 spelling variations.
• About 4000 investment-related firms took out loans totaling between 1 and 3 billion dollars. This is interesting because investment fees and activities were at record highs during lockdowns.
• The top 10 industries by loan count were heavily in-person industries, indicating that loans were distributed largely to businesses who needed them most.

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