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Large Banks Support Small Business Across a Range of Industries Through the PPP

21 Jan 2021

Financial Services Forum members last year made over 500,000 PPP loans to small businesses with ten or fewer employees across a range of industries from health care to manufacturing to construction.

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Big Banks Are Supporting Small Businesses Across The Country

Forum Members are committed to delivering help to small businesses in need. Last year, Forum members facilitated $69 billion in PPP loans to 848,696 small businesses across the country.

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Supporting Small Businesses Through PPP Lending

The average PPP loan provided by Forum members in 2020 was significantly smaller than that provided by all other banks.

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Forum Membership

The Financial Services Forum is comprised of the chief executive officers of the eight largest and most diversified financial institutions headquartered in the United States.

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Research

We provide research and share insights on economic and regulatory policies, with a focus on the intersection between our members, the financial markets, and the U.S. and global economies.

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