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COVID EIDL · original analysis of the federal loan record

Where COVID EIDL money went

Short answer. The COVID EIDL program made 3,726,941 loans worth $370.8B across the country. The typical loan was small — a $36,000 median, and 41% were under $25,000. The most money went to California ($66.1B), Florida ($36.8B), New York ($37.3B). Pick any state below to see its loan count, dollar total, and top counties. These are aggregate totals from the federal record — no names, no addresses.
Loans made
3,726,941
COVID EIDL, 2020–2022
Total lent
$370.8B
loan face value
Median loan
$36,000
avg $99,498
Under $25k
41%
most loans were small

Look up a state

loans, dollars & top counties

How big were the loans?

number of loans by size
Under $25k
1,513,425
$25k-100k
1,097,626
$100k-500k
955,768
$500k-1M
123,058
$1M-2M
20,540
Over $2M
16,524

COVID EIDL was, overwhelmingly, a small-loan program: 41% of the 3,726,941 loans were under $25,000, and the median was just $36,000. The handful of very large loans — a business could eventually borrow up to $2 million — pull the average well above the median.

Every state, ranked by EIDL dollars

sortable
#StateLoansTotal lentMedianAverage
1California558,872$66.1B$50,000$118,348
2New York325,140$37.3B$49,000$114,743
3Florida466,070$36.8B$25,500$78,981
4Texas319,398$32.3B$38,000$101,052
5New Jersey127,760$15.1B$50,000$117,874
6Illinois142,583$13.6B$33,000$95,686
7Georgia182,048$13.6B$25,000$74,844
8Pennsylvania98,524$9.5B$35,000$96,857
9Michigan88,508$8.6B$33,800$97,469
10Virginia75,154$7.9B$39,000$105,200
11Ohio83,334$7.8B$30,500$94,191
12North Carolina91,861$7.8B$27,500$85,381
13Massachusetts62,594$6.9B$50,000$110,210
14Maryland68,981$6.8B$38,300$98,203
15Washington63,537$6.8B$45,000$106,442
16Colorado56,410$5.8B$37,300$102,791
17Louisiana74,303$5.8B$25,400$77,577
18Arizona60,382$5.6B$32,200$92,926
19Tennessee53,627$4.6B$27,350$86,023
20Minnesota40,463$4.2B$40,600$104,601
21Missouri41,871$4.1B$30,000$97,144
22Nevada40,012$4.0B$36,000$98,735
23South Carolina47,873$3.9B$26,500$81,019
24Wisconsin37,450$3.8B$33,050$102,796
25Oregon37,648$3.8B$37,550$102,170
26Connecticut35,438$3.8B$44,800$108,437
27Indiana39,211$3.7B$28,200$94,424
28Alabama44,800$3.5B$25,000$78,645
29Oklahoma32,368$3.3B$35,000$102,600
30Puerto Rico29,229$2.9B$46,850$99,046
31Utah21,881$2.5B$46,150$115,862
32Mississippi32,210$2.5B$25,000$77,244
33Kentucky24,724$2.4B$34,450$98,555
34Kansas18,949$2.2B$42,500$115,174
35Iowa17,333$2.0B$48,200$116,949
36Arkansas21,428$1.9B$27,750$88,597
37Hawaii17,977$1.7B$33,150$97,316
38Nebraska14,367$1.7B$44,000$115,292
39New Mexico14,504$1.4B$38,500$98,994
40Idaho12,135$1.3B$40,550$104,636
41District of Columbia10,410$1.2B$43,900$118,684
42New Hampshire10,907$1.2B$43,000$106,031
43Rhode Island10,849$1.0B$37,100$92,896
44Maine10,074$969.8M$37,000$96,268
45Montana9,804$945.0M$35,000$96,385
46Alaska7,512$920.7M$47,050$122,561
47Delaware9,618$916.2M$34,200$95,263
48North Dakota6,251$894.9M$53,300$143,165
49South Dakota7,689$874.5M$48,050$113,729
50West Virginia7,935$780.3M$34,600$98,331
51Wyoming5,293$577.2M$44,050$109,041
52Vermont5,999$539.5M$35,000$89,931
53Guam1,387$165.5M$50,900$119,334
54U.S. Virgin Islands1,792$145.1M$33,950$80,990
55Northern Mariana Islands289$32.7M$59,000$113,025
56American Samoa175$17.9M$67,300$102,404

Download all states (CSV) · by county (CSV)

The counties that borrowed the most

by loan count
#CountyLoansTotal lent
1Los Angeles County, CA218,696$26.0B
2Miami-Dade County, FL138,389$10.6B
3Cook County, IL83,755$7.5B
4Harris County, TX73,230$6.9B
5Broward County, FL69,110$5.4B
6Kings County, NY60,160$7.2B
7Orange County, CA56,543$7.1B
8Queens County, NY51,898$5.2B
9New York County, NY45,993$6.7B
10Maricopa County, AZ43,062$4.1B
11San Diego County, CA42,431$5.1B
12Dallas County, TX37,175$3.9B
13Palm Beach County, FL35,802$3.0B
14Clark County, NV33,464$3.3B
15Fulton County, GA32,340$2.5B
16Orange County, FL31,744$2.6B
17Bronx County, NY30,207$2.2B
18Nassau County, NY29,587$3.7B
19Hillsborough County, FL28,188$2.2B
20Wayne County, MI27,933$2.3B
21Riverside County, CA25,964$2.7B
22San Bernardino County, CA24,149$2.5B
23King County, WA24,120$2.7B
24Suffolk County, NY23,646$2.9B
25Tarrant County, TX23,037$2.2B

County reflects the borrower’s address on file. Big, dense metros dominate the raw counts — use the per-state lookup above to see your own county in context.

When the money went out

by loan origination year
YearLoans originatedFace value
20203,419,702$307.4B
2021220,435$41.4B
202286,804$21.9B

Most loans were originated in the 2020 wave; 2021–2022 added fewer but larger loans as the borrowing cap rose to $2 million.

How to read this — and one thing it can’t show

Every figure here is the face value of COVID EIDL loans — the amount borrowed — aggregated from the federal loan record (3,726,941 loans). We publish totals only: no borrower names, no street addresses. That is a deliberate choice — the underlying records name individual businesses and people (over half are sole proprietors), and a searchable name index isn’t something we’ll build.

One limitation worth stating plainly: you can’t break EIDL down by industry. COVID EIDL was reported as federal financial assistance, which — unlike a government contract — carries no NAICS industry code. It simply isn’t in the public data, at SBA or on USASpending. So this tool answers “where” and “how much,” not “which industries.”

These are loans made — not defaults. Whether a loan was later repaid, deferred, or charged off is not published loan-by-loan; for the portfolio-wide default picture see EIDL default statistics.

Evidence & reproducibility

check our work
SourceUSASpending.gov, COVID EIDL loans (Assistance Listing 59.008), FOIA-disclosed loan-level records
Loans covered3,726,941 loans, action dates 2020–2022 (the full program)
MeasureLoan face value (amount borrowed), summed by borrower state and county and by loan-size band
PrivacyAggregates only. No names, no addresses, no ZIP codes are published.
Not shownIndustry (no NAICS in the assistance data) and per-loan default status (not publicly released)
DownloadBy state (CSV) · By county (CSV)
Analysis updated2026-08-02

Common questions

How much COVID EIDL money was lent in total?

COVID EIDL made 3,726,941 loans worth $370.8B in face value across 2020–2022, from the federal loan record.

Which states got the most EIDL money?

California received the most at $66.1B across 558,872 loans, followed by Florida and New York. Use the state lookup for any state.

What was the typical EIDL loan amount?

The median COVID EIDL loan was $36,000 and 41% were under $25,000. The average was higher, $99,498, pulled up by a small number of loans as large as $2 million.

Can I look up a business or person's EIDL loan here?

No. We publish only aggregate totals by place and loan size — never individual borrowers. The underlying records do name recipients (most are sole proprietors), but we don’t build a name-search index.

Can I see EIDL by industry?

No — and not because we chose not to. COVID EIDL was reported as financial assistance, which carries no NAICS industry code, so industry simply isn’t in the public data at SBA or USASpending.

Related

EIDL default statistics → EIDL overview → Is EIDL forgivable? → More original research →