PPP loans in Madison County, Indiana
Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 2,351 Paycheck Protection Program loans for businesses it recorded in Madison County, $142.4 million in all.
Madison County, as of September 30, 2024
- $142.4 million
- Approved
- $142,403,449
- 1.0% of the $13.8 billion approved in Indiana.
- 2,351
- Loans
- 1,852 first draws and 499 second draws.
- 92.3%
- Forgiven
- 2,170 of 2,351 loans carry a forgiveness amount, $137.5 million in all.
- 5.7%
- Charged off
- 135 of 2,351 loans, approved for $2.2 million. That is the loans' size, not what SBA lost.
The largest borrowers in Madison County · 2020–21
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How the list is drawn
- 100 of the 2,203 borrowers ranked in Madison County are listed: every one ranked in the top 100, with ties. Borrowers approved the same amount share a rank, so the list can be longer than 100.
- A borrower is ranked here when SBA recorded its first loan in Madison County. Its amount is summed over every loan it was approved, a first draw, a second or both, and is not what was forgiven or repaid, which each borrower’s page shows loan by loan.
Related
Sources
- SBA Paycheck Protection Program (PPP) FOIA — loan-level data — U.S. Small Business Administration · Public domain — U.S. Government work · retrieved September 25, 2026
- Census Bureau county population estimates — U.S. Census Bureau · U.S. Government work · retrieved September 23, 2026
Data retrieved