Assets: Liquidity and Credit Facilities: Loans, Net: Payroll Protection Program Liquidity Facility: Week Average
H41RESPPALDJXAWNWW • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,411.00
Year-over-Year Change
-21.44%
Date Range
6/7/2006 - 7/30/2025
Summary
This trend tracks the weekly average of net loans through the Payroll Protection Program (PPP) Liquidity Facility, which was a critical economic intervention during the COVID-19 pandemic. It provides insight into the scale of small business financial support during economic disruption.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The metric represents the Federal Reserve's direct lending support to businesses through the PPP, reflecting the government's emergency economic stabilization efforts. Economists use this data to assess the magnitude of pandemic-era financial interventions and their potential economic impact.
Methodology
Data is collected and calculated by the Federal Reserve, aggregating weekly net loan values processed through the Payroll Protection Program Liquidity Facility.
Historical Context
This trend is used in macroeconomic analysis to understand government crisis response, small business support, and the scale of emergency economic interventions.
Key Facts
- The PPP Liquidity Facility was a critical COVID-19 economic intervention
- It provided direct financial support to small businesses during economic disruption
- The weekly average metric helps track the scale of emergency lending
FAQs
Q: What is the Payroll Protection Program Liquidity Facility?
A: It was a Federal Reserve program designed to support small businesses during the COVID-19 pandemic by providing liquidity and loan support through financial institutions.
Q: How did the PPP Liquidity Facility work?
A: The facility allowed the Federal Reserve to provide funding to financial institutions that originate PPP loans, helping to ensure small businesses could access critical financial support.
Q: What does the H41RESPPALDJXAWNWW series ID represent?
A: This is the unique identifier for the weekly average net loan data from the Payroll Protection Program Liquidity Facility in Federal Reserve economic datasets.
Q: Why is tracking this trend important?
A: It provides crucial insights into the government's economic response during the pandemic and the scale of financial support provided to small businesses.
Q: How often is this data updated?
A: The data is typically updated weekly, reflecting the most recent lending activity through the PPP Liquidity Facility.
Related News
U.S. Treasury Yields Increase Amid Strong Economic Growth and Inflation Concerns
Treasury Yields Surge Amid Economic Growth and Inflation Concerns Treasury yields are surging as investors closely monitor the evolving U.S. econom...
U.S. Stock Futures Stagnant Despite Positive Jobless Claims and GDP
Why US Stock Futures Remain Stagnant Despite Positive Economic Indicators The current investment landscape is puzzling for many as US stock futures...
U.S. Trade Deficit Decreases As Businesses Anticipate Tariff Hikes
U.S. Trade Deficit Reaches Two-Year Low Amid Anticipated Tariff Hikes The recent announcement that the U.S. trade deficit has reached a two-year lo...
U.S. Stock Indices Rebound After Tech Stocks' Recent Decline
US Stock Indices Rebound: Understanding the Market Recovery The recent surge in the US stock market marks a significant upturn, with key indices su...
US Treasury Yields Increase Before Key Economic Data Release
How Treasury Yields Signal Market Expectations Ahead of Crucial Economic Data Release Treasury yields, often referred to as a barometer for the U.S...
U.S. GDP Growth to Slow Due to Tariffs and Immigration Policies
How Tariffs and Immigration Policies Influence U.S. GDP Growth in 2025 The U.S. GDP is a fundamental gauge of the country's economic health. Recent...
Related Trends
Resources and Assets: Investment Portfolios Arising from the Great Recession: Preferred Holdings in AIA Aurora LLC and ALICO Holdings LLC
RAIPGRPH
Assets: Central Bank Liquidity Swaps: Central Bank Liquidity Swaps: Change in Wednesday Level from Year Ago Level
RESH4SCSXCH52NWW
Liabilities and Capital: Liabilities: Deposits: Other: Change in Week Average from Year Ago Week Average
RESPPLLDOXAWXCH52NWW
Assets : Securities Held Outright: Residential Mortgage-Backed Securities: Wednesday Level
H41RESPPALGASMRNWW
Assets: Securities Held Outright: U.S. Treasury Securities: Bills: Wednesday Level
WSHOBL
Collateralization of Currency: Federal Reserve Notes: Notes Held by F.R. Banks Not Subject to Collateralization (Netted from Federal Reserve Notes Outstanding): Wednesday Level
RESPPLLNONNWW
Citation
U.S. Federal Reserve, Assets: Liquidity and Credit Facilities: Loans, Net: Payroll Protection Program Liquidity Facility: Week Average [H41RESPPALDJXAWNWW], retrieved from FRED.
Last Checked: 8/1/2025