Saipan, MP — PPP Loan Data

Saipan, Northern Mariana Islands received 856 Paycheck Protection Program loans totaling $61.4M. The average loan in the city was $71,720 — above the national program average of approximately $67,000.

98.0% of loans in Saipan — totaling $59.0M — 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 Saipan were ASIA PACIFIC HOTELS, INC ($2,261,937), INTERPACIFIC RESORTS (SAIPAN) CORPORATION ($1,655,170), and MICRONESIA RESORT INC. ($1,627,580).

The most active industry sector in Saipan was Accommodation and Food Services with 89 loans worth $4.3M, followed by Travel Arrangement and Reservation Services (59 loans).

Applicants in Saipan reported retaining 13,659 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.

Saipan is part of Northern Mariana Islands, 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.