The SBA released data on who's been approved so far for PPP round 2. As of Sunday January 24th, over 400,000 small businesses have received over $35B in PPP round 2 funding in the first 2 weeks.

Here's our latest video on the data and the SBA should continue to give data updates in the coming weeks on approvals, total volume, approvals by banks, by state, and by demographic.

Also below, we have posted PPP loan requirements that most banks or lenders will require. This will help you prepare, whether you've already applied or you're still thinking about it. And if you need to apply, we recommend applying with either Bluevine, Funding Circle, or Credibly.

Summary of 2021 PPP Approvals (as of January 24, 2021)

Loans Approved: 400,580

Net Dollars: $35,017,654,071

Lender Count: 4,526

Overall Average Loan Size: $87K

Full Data: The PPP Data as of January 24, 2021