Florida had millions of jobs saved by PPP loans

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ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

Florida had 3.2 million jobs saved by the U.S. Small Business Administration’s Paycheck Protection Program loans as of June 30, according to the most recent analysis from Salt Lake City, Utah-based Business.org.

The state was No. 3, behind California (6.5 million jobs) and Texas (4.5 million) in positions protected through the $659 billion program.

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In total, the PPP has saved 50 million jobs nationwide. Of that, more than 19 million jobs were saved by PPP loans under $150,000, while the other 31 million jobs were saved by loans of $150,000 and up.

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