Massachusetts lenders processed an additional 5,400 Paycheck Protection Program loans in July and August, bringing the total loans received by the state’s small businesses and nonprofits to more than 118,000, according to the U.S. Small Business Administration.

The volume of PPP loans originated to Massachusetts firms now stands at $14.31 billion, less than the June 30 amount of $14.33 billion. The lower amount reflects loans that were canceled, returned or decreased. Lenders have reported that some businesses returned loans because they were not able to meet the requirements for forgiveness or determined that the funds were not needed.

After the original program ended June 30, Congress authorized additional funding through Aug. 8. Including the 113,000 loans processed from April through June, Massachusetts’ small businesses and nonprofit organizations received 118,392 loans. Nationally, more than 326,000 additional loans were processed during the PPP’s five-week extension, bringing the totals to more than 5.2 million loans for $525 billion.

Many of the loans processed in July and August were for smaller amounts compared to those processed during the program’s first few weeks. Nationwide, about 300,000 of the loans processed during the summer extension were for less than $50,000.

Among those receiving loans during the PPP extension were small business owners of color. This demographic faced challenges early on accessing PPP funds. A group called the Massachusetts Equitable PPP Access Initiative that had formed in April continued during the summer to provide technical assistance and lender referrals to small business owners of color. Banks participating in the coalition included Rockland Trust, Reading Cooperative Bank and Swansea-based BayCoast Bank.

All told, $659 billion was approved for the PPP across the country, and about $134 billion remained unused when the SBA stopped accepting applications on Aug. 8. Nationally, Health care and social assistance organizations received almost 13 percent of total PPP funding, the most of any industry. The construction industry nationwide received almost 500,000 loans and $65 billion, about 12.4 percent of the total loan amount. The real estate industry received about 263,000 loans and $15.7 billion, about 3 percent of the total.