Tempe, AZ — PPP Loan Data

Tempe, Arizona received 7,254 Paycheck Protection Program loans totaling $732.4M. The average loan in the city was $100,968 — above the national program average of approximately $67,000.

91.3% of loans in Tempe — totaling $701.4M — received SBA forgiveness. Forgiveness required borrowers to demonstrate that funds were used for qualifying expenses and that they maintained employee headcount and compensation levels during the covered period.

Among the largest disclosed recipients in Tempe were ON Q FINANCIAL, INC. ($10,000,000), SDB, INC. ($6,634,400), and DEK INDUSTRIAL SERVICES ($4,715,000).

The most active industry sector in Tempe was Personal Care Services with 500 loans worth $13.4M, followed by Accommodation and Food Services (363 loans).

Applicants in Tempe reported retaining 88,850 jobs through the program. These figures are self-reported and were not independently verified by the SBA. The majority of loans in this city — those under $150,000 — have borrower names withheld under FOIA Exemption 6.

Tempe is part of Arizona, which received a total of thousands of PPP loans during the program period. City-level data is based on the borrower's self-reported city name; some variation in spelling may cause minor undercounting. See the methodology page for more detail on data limitations.