California got the most money but more Texas businesses got coronavirus relief than anywhere else

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California received the most money from the federal government's initial coronavirus emergency lending program, while Texas had the most small businesses approved for a loan

Washington More small businesses in Texas were approved for money from the federal government's initial coronavirus emergency lending program than in any other state -- including harder-hit New York, California and Florida.

Nearly 135,000 loans were approved for businesses in Texas in the first wave, totaling almost $28.5 billion, according to data released by the Small Business Administration. Texas was trailed closely by California, where 112,967 loans were granted, totaling about $33.4 billion -- ahead of Texas and any other state.California has about 1.4 million more small businesses than Texas, according to the SBA. It was one of the first states to put a shelter in place order into effect in March.

 

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Excellent.

It shouldn’t go to sanctuary states

We’re they really small businesses? 🤔

I feel its a good time to point out the term 'per capita' as a useful tool in analysis such as this...

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