SBA Disaster Loans: $5.97B in COVID-Era Lending

Analysis of 23,099 SBA disaster loans during FY2020 through FY2022. The SBA approved $5.97 billion against $15.75 billion in verified losses, producing an overall approval-to-loss ratio of 37.9%.

Louisiana, Florida, and Texas received the largest shares of disaster loan funding. The SBA Inspector General identified $78.1B+ in potentially fraudulent COVID EIDL loans across the broader program.

Data sourced from SBA disaster loan FOIA datasets covering COVID-19 EIDL and physical disaster loans during the pandemic peak years.