But the data underlined that in addition to mom-and-pop shops, the funds went to well-heeled and politically connected companies, some of which were approved for between $5 million and $10 million.
The PPP loan program was meant to help keep small businesses afloat during the pandemic.
The Trump administration on Monday said it was releasing the names of hundreds of thousands of businesses that took money from a high-profile $660bn government pandemic aid programme, letting the public see for the first time how the majority of the cash was spent and, crucially, whether it helped save jobs as intended. Not all of those jobs were saved, but the government won't know how many were lost until companies apply to have the loans forgiven, a process that is just beginning.
Through June 30, Kentucky businesses had received $5.2 billion in loans, but only about 27 percent of that money went to the 41,932 businesses that received loans of under $150,000.
Of the loans worth more than $2 million, around 85 percent were approved in the first round of lending.
The data from the SBA show that in North Carolina, almost 122,000 loans were completed in the state as of June 30.
More than 16,300 companies in the state received loans of more than $150,000, according to the SBA, and 105,590 companies in North Carolina received loans less than $150,000.
There were 429 non-profit businesses that received loans of more than $150,000, including nine that got more than $5 million.
In Durham, the recipients of the largest loans included Duke School, an independent prekindergarten through eighth grade school; EmergeOrtho, an orthopedic clinic; and Rho Inc., a clinical drug development company.
At least $69 million went to Lexington businesses that received loans larger than $2 million.
The Department of Justice has already brought charges against several PPP borrowers for fraudulently seeking loans, while the Securities and Exchange Commission has also begun scrutinising companies whose public disclosures may have been inconsistent with the declaration of need borrowers were required to make when seeking the loans. Loans of less than $150,000 were granted to 25,926 businesses in those districts.
Around 5 percent of the businesses that received more than $150,000 reported being owned by a woman. That accounts for roughly 73 percent of the dollars granted, but only 14 percent of the 4.9 million loans, according to a summary of data the agencies released initially on Monday.
Some $3.5 billion went to businesses in economically distressed areas.