Forgiveness Platform Lender Submission Metrics, September 05

Summary

Forgiveness Platform Lender Submission Metrics report with data as of September 05, 2022, 11:59 PM ET, dated September 6, 2022. Of 11,365,523 PPP loans worth $786,888,632,121, it shows 10,473,060 forgiveness applications requesting $753,270,967,735 and 10,405,999 payments totaling $751,606,539,785; 4,718 lenders have requested forgiveness for all PPP loans. It states that 92% of all PPP loans have submitted forgiveness applications and that 91% have been fully or partially forgiven. Further pages give the same figures for the 2020 population (5,044,514 loans, $516,564,930,472) and the 2021 population (6,321,009 loans, $270,323,701,648), with breakdowns by loan size band.

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Forgiveness Platform Lender Submission Metrics | September 05
Data as of September 05, 11:59 PM ET
Summary
Total PPP Loan Population
Forgiveness Requests To Date
Payments To Date
Count of Loans
Total Loan Value
Count of Applications
Total Forgiveness Amount
Requested
Count of Payments
Total Forgiveness Paid
11,365,523
$786,888,632,121
10,473,060
$753,270,967,735
10,405,999
$751,606,539,785
92% of all PPP loans have
submitted forgiveness
applications
Forgiveness has been requested
for 96% of the total loan value of
all PPP loans
91% of all PPP loans have been
fully or partially forgiven
95% of the total PPP loan value has
been forgiven, in full or in part
4,718 lenders have requested forgiveness for all PPP loans
8,051,507
1,483,183
904,084
34,286
8,900,245
1,505,340
924,757
35,181
0
2,000,000
4,000,000
6,000,000
8,000,000
10,000,000
<= $50,000
$50,001-$149,999
$150,000-$1,999,999
>= $2,000,000
Number of Submissions, by Loan Amount
% Submitted
Total Loans
Submissions
$134,001
$129,409
$381,994
$113,782
$132,117
$128,476
$379,339
$113,339
 $-
 $100,000
 $200,000
 $300,000
 $400,000
<= $50,000
$50,001-$149,999
$150,000-$1,999,999
>= $2,000,000
Millions
Value of Submissions, by Dollar Amount
% of Loan Value Forgiven
Submission Value ($M)
Loan Value ($M)
97.5%
97.8%
98.5%
90.5%
99.6%
99.3%
99.3%
98.6%
September 6, 2022

Forgiveness Platform Lender Submission Metrics | September 05
Data as of September 05, 11:59 PM ET
2020 PPP Loan Population
4,659 lenders have requested forgiveness for 2020 PPP loans
2020 PPP Loan Population
Forgiveness Requests To Date
Payments To Date
Count of Loans
Total Loan Value
Count of Applications
Total Forgiveness Amount
Requested
Count of Payments
Total Forgiveness Paid
5,044,514
$516,564,930,472
4,930,997
$503,023,616,006
4,909,609
$503,459,411,329
98% of 2020 PPP loans have
submitted forgiveness
applications
Forgiveness has been requested
for 97% of the total loan value of
2020 PPP loans
97% of 2020 PPP loans have
been fully or partially forgiven
97% of the total 2020 PPP loan
value has been forgiven, in full or
in part
3,330,093
956,231
616,565
28,108
3,430,980
962,084
622,687
28,763
0
1,000,000
2,000,000
3,000,000
4,000,000
<= $50,000
$50,001-$149,999
$150,000-$1,999,999
>= $2,000,000
Number of Submissions, by Loan Amount
% Submitted
Total Loans
Submissions
$60,716
$82,871
$265,146
$99,343
$59,101
$82,073
$262,924
$98,926
 $-
 $100,000
 $200,000
 $300,000
<= $50,000
$50,001-$149,999
$150,000-$1,999,999
>= $2,000,000
Millions
Value of Submissions, by Dollar Amount
% of Loan Value Forgiven
Submission Value ($M)
Loan Value ($M)
97.7%
99.0%
99.4%
97.1%
99.6%
99.2%
99.0%
97.3%
September 6, 2022

Forgiveness Platform Lender Submission Metrics | September 05
Data as of September 05, 11:59 PM ET
2021 PPP Loan Population
2021 PPP Loan Population
Forgiveness Requests To Date
Payments To Date
Count of Loans
Total Loan Value
Count of Applications
Total Forgiveness Amount
Requested
Count of Payments
Total Forgiveness Paid
6,321,009
$270,323,701,648
5,542,063
$250,247,351,729
5,496,390
$248,147,128,456
88% of 2021 PPP loans have
submitted forgiveness
applications
Forgiveness has been requested
for 92% of the total loan value of
2021 PPP loans
87% of 2021 PPP loans have
been fully or partially forgiven
92% of the total 2021 PPP loan
value has been forgiven, in full or
in part
4,527 lenders have requested forgiveness for 2021 PPP loans
4,721,414
526,952
287,519
6,178
5,469, 265
543,256
302,070
6,418
0
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
<= $50,000
$50,001-$149,999
$150,000-$1,999,999
>= $2,000,000
Number of Submissions, by Loan Amount
% Submitted
Total Loans
Submissions
$73,285
$46,538
$116,847
$14,439
$73,015
$46,404
$116,415
$14,413
 $-
 $20,000
 $40,000
 $60,000
 $80,000
 $100,000
 $120,000
<= $50,000
$50,001-$149,999
$150,000-$1,999,999
>= $2,000,000
Millions
Value of Submissions, by Dollar Amount
% of Loan Value Forgiven
Submission Value ($M)
Loan Value ($M)
96.3%
95.2%
97.0%
86.3%
99.8%
99.6%
99.7%
99.6%
September 6, 2022

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