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PPP loans in New Jersey

The Small Business Administration guaranteed 302,438 Paycheck Protection Program loans to businesses operating in New Jersey, $25.6 billion in all: 3.2% of the program’s dollars. 281,510 of those loans carry a forgiveness amount in SBA’s file as of September 30, 2024.

New Jersey, as of September 30, 2024

$25.6 billion
Approved
$25,592,689,000
As each loan now stands in SBA’s file.
3.2%
Share of the program
Of the $792.6 billion approved nationally, as each loan now stands.
302,438
Loans
216,630 first draws and 85,808 second draws.
93.1%
Forgiven
281,510 of 302,438 loans carry a forgiveness amount, $24.7 billion in all.
4.7%
Charged off
14,294 of 302,438 loans, approved for $474.5 million. That is the loans' size, not what SBA lost.

Every county in New Jersey, as SBA names it

The county is SBA’s name for where the business operates. A loan SBA filed with no county is counted under “Not stated” rather than left out.

Paycheck Protection Program loans in New Jersey by county, as of September 30, 2024
CountyApprovedLoansForgiven loans
Bergen$3,746,045,51444,65542,234
Middlesex$2,832,145,23126,64324,852
Essex$2,272,943,27131,40127,840
Monmouth$2,063,604,01023,83822,726
Morris$1,966,994,44218,59217,861
Union$1,545,559,23819,42117,862
Hudson$1,354,621,87221,20919,298
Passaic$1,306,184,62917,75416,236
Camden$1,270,666,65914,26413,111
Ocean$1,179,922,09517,47416,564
Somerset$1,178,238,67911,32510,722
Burlington$1,121,192,01711,91211,103
Mercer$1,101,215,28911,70510,643
Gloucester$583,047,6476,4466,038
Atlantic$582,466,5057,2316,738
Hunterdon$341,486,9954,2674,130
Cape May$310,122,9484,1324,004
Cumberland$287,947,8882,8032,564
Sussex$254,073,1843,4133,273
Warren$186,374,9082,5792,441
Salem$105,543,8311,3411,237
Not stated$2,292,1503333

New Jersey elsewhere on the Factbook

  • Reported crimeCrime and justice

    Offenses reported to police by type, the trend, and the reporting coverage.

  • Cities by violent crime rateCrime and justice

    What each agency serving 25,000 or more reported, ranked. Agency populations overlap, so these do not add up to the state.

  • Prison populationCrime and justice

    People held under the state’s correctional authority, and the imprisonment rate. A different publisher counting a different thing.

  • Arrests by race, sex and ageCrime and justice

    Arrests as the FBI’s participating agencies reported them, with what the figures can and cannot support at the top.

  • Hate crimeCrime and justice

    Incidents reported to the FBI by bias motivation, as counts — the collection publishes no participation share, so there is no rate to compare states on.

  • Federal obligationsFederal spending

    What federal agencies obligated against a place of performance in the state, per resident and by agency.

  • Registered nonprofitsNonprofits

    How many organizations the IRS lists in the state, what they report as revenue, and which kinds of work they do.

  • Payments to doctorsHealth

    What drug and device companies reported paying doctors with a practice address in the state, and the largest recipients.

  • Immigration courtsImmigration and the border

    The EOIR courts sitting in the state, what they completed and still have pending, and how far apart their asylum grant rates are. The courts, not the state’s residents: a detention court hears cases from far outside it.

  • Farm program paymentsFarm subsidies

    What the Farm Service Agency paid through the state’s county offices, by program and by recipient. The offices that administered the payments, not a count of farms: a recipient addressed elsewhere is counted where they were paid.

  • The New Jersey Factbook entryAcross the Factbook

    Every measure the Factbook publishes for this state in one place, each with where it ranks among the others and the record it came from.

The immigration link above is EOIR’s courts, which sit in this state. CBP’s encounters are not by state and will not be: its sectors and field offices are areas of responsibility rather than a geography, and assigning them to states would be a claim the data does not make. Immigration and the border.

Sources

Data retrieved