Idaho — PPP Loan Data
52,388 approved loans · $3.50B total · 97.3% forgiven
Idaho ranked among the states receiving PPP assistance during the COVID-19 pandemic. In total, the SBA approved 52,388 loans totaling $3.50B to businesses and organizations across the state. The average loan size was $66,827.
Of all approved loans, 50,968 — or 97.3% — received SBA forgiveness totaling $3.45B. Forgiveness means the borrower was not required to repay that portion, having met the program's requirements for maintaining payroll and using funds for qualified expenses such as rent, utilities, and mortgage interest.
Among the largest recipients in Idaho were THOMAS MANAGEMENT LLC ($10,000,000), CRADLEPOINT, INC. ($10,000,000), and ENGINEERED STRUCTURES, INC. ($8,607,900).
Borrowers in Idaho reported retaining 461,697 jobs through the program, though job counts are self-reported and were not independently verified at the time of application. The state's businesses spanned a wide range of industries, from construction and hospitality to professional services and health care.
The most active industry in Idaho by loan count was Personal Care Services with 2,303 loans totaling $30.4M. This was followed by Accommodation and Food Services (2,212 loans).
The most active lender in Idaho was IDAHO CENTRAL CU, which originated 6,315 loans worth $228.1M. The top 10 lenders collectively handled a significant portion of the state's total loan volume, reflecting the role of large national banks as primary conduits for PPP funds.
Loans under $150,000 — which make up the majority of loan count — have borrower names withheld under FOIA Exemption 6. Only the approximately 0.0% of loans at or above that threshold have named recipients publicly disclosed.
Top Cities in Idaho
| City | Loans | Total Approved | Forgiveness Rate |
|---|---|---|---|
| BOISE | 9,624 | $760.8M | 97.1% |
| MERIDIAN | 3,522 | $285.9M | 97.1% |
| IDAHO FALLS | 3,148 | $231.2M | 97.5% |
| NAMPA | 2,618 | $199.8M | 96.4% |
| COEUR D ALENE | 2,068 | $151.7M | 97.7% |
| TWIN FALLS | 1,806 | $113.6M | 97.7% |
| POCATELLO | 1,559 | $93.3M | 96.9% |
| EAGLE | 1,443 | $83.7M | 97.4% |
| CALDWELL | 1,319 | $103.5M | 96.1% |
| POST FALLS | 1,071 | $89.6M | 97.3% |
| GARDEN CITY | 1,030 | $70.0M | 93.3% |
| REXBURG | 958 | $51.0M | 98.1% |
| LEWISTON | 924 | $81.2M | 97.3% |
| HAYDEN | 861 | $70.0M | 98.4% |
| KETCHUM | 826 | $47.4M | 98.5% |
| SANDPOINT | 819 | $52.3M | 98.7% |
| BLACKFOOT | 809 | $43.4M | 97.5% |
| HAILEY | 771 | $38.9M | 97.7% |
| MOSCOW | 719 | $40.4M | 98.6% |
| BURLEY | 672 | $56.9M | 98.8% |
| RIGBY | 643 | $32.5M | 98.9% |
| JEROME | 501 | $48.5M | 97.4% |
| KUNA | 441 | $15.3M | 94.1% |
| MCCALL | 410 | $19.0M | 98.5% |
| EMMETT | 338 | $15.7M | 95.3% |
Top Industries
| Industry | Loans | Total |
|---|---|---|
| Personal Care Services | 2,303 | $30.4M |
| Accommodation and Food Services | 2,212 | $210.6M |
| Cattle Ranching and Farming | 2,078 | $104.7M |
| Residential Building Construction | 1,841 | $73.2M |
| Offices of Real Estate Agents and Brokers | 1,753 | $29.5M |
| Offices of Other Health Practitioners | 1,564 | $64.8M |
| Management, Scientific, and Technical Consulting Services | 1,555 | $48.4M |
| Services to Buildings and Dwellings | 1,448 | $65.4M |
| Building Finishing Contractors | 1,207 | $55.2M |
| Building Equipment Contractors | 1,179 | $136.2M |
Top Lenders
| Lender | Loans | Total |
|---|---|---|
| IDAHO CENTRAL CU | 6,315 | $228.1M |
| D. L. EVANS BANK | 4,630 | $349.7M |
| ZIONS BANK | 3,862 | $334.4M |
| GLACIER BANK | 3,683 | $266.4M |
| U.S. BANK | 3,033 | $180.8M |
| THE BANK OF COMMERCE | 2,125 | $125.5M |
| WASHINGTON TRUST BANK | 1,970 | $256.7M |
| FIRST INTERSTATE BANK | 1,957 | $163.1M |
| MONTANA COMMUNITY DEVELOPMENT | 1,599 | $38.5M |
| BANK OF IDAHO | 1,551 | $118.6M |
Largest Named Recipients in Idaho
Showing loans ≥ $150,000 with publicly disclosed borrower names.