Most loans less than $150,000
Roughly 85% of the 165,000 Pennsylvania loans were valued at less than $150,000, with a similar ratio reported among those received by Lehigh Valley businesses.
Of the more than 1,300 loans of at least $150,000 listed for organizations in Lehigh or Northampton counties, 60% were in the smallest range, between $150,000 and $350,000, and seven in the largest range of between $5 million and $10 million. The data showed 7,500 loans locally that were less than $150,000.
The average loan nationally was about $100,000, according to a Treasury news release.