Forgiveness Platform Lender Submission Metrics
Summary
The Forgiveness Platform Lender Submission Metrics, with data as of July 30, count 5,049,007 forgiveness applications seeking $469,621,622,857 against a PPP population of 11,482,745 loans worth $791,398,925,358. Payments to date numbered 4,875,333 and totaled $441,825,918,499, so 56% of total PPP loan value had been forgiven in full or in part, and 4,832 lenders had requested forgiveness. Loans of $50,000 or less made up 9,001,310 of the total, of which 3,542,912 had been submitted.
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Forgiveness Platform Lender Submission Metrics | July 30
Data as of July 30, 11:59 PM ET
Summary
Total PPP Loan Population Forgiveness Requests To Date Payments To Date
Total Forgiveness Amount
Count of Loans Total Loan Value Count of Applications Count of Payments Total Forgiveness Paid
Requested
5,049,007 $469,621,622,857 4,875,333 $441,825,918,499
11,482,745 $791,398,925,358 44% of all PPP loans have Forgiveness has been requested
43% of all PPP loans have been 56% of the total PPP loan value has
submitted forgiveness for 59% of the total loan value of
fully or partially forgiven been forgiven, in full or in part
applications all PPP loans
4,832 lenders have requested forgiveness for PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 29,502 81% >= $2,000,000 $85,351
23,895 $85,779 99.5%
$150,000-$1,999,999 931,538 $150,000-$1,999,999 $242,166
556,209 60%
$243,421
99.48%
$50,001-$149,999 1,520,395 61% $50,001-$149,999 $80,416
925,991 $80,788 99.54%
<= $50,000 9,001,310 <= $50,000 $61,689 99.13%
3,542,912
39% $62,229
0 2,000,000 4,000,000 6,000,000 8,000,000 10,000,000
$- $100,000,000,000 $200,000,000,000 $300,000,000,000
% Submitted Total Loans Submissions
% of Loan Value Forgiven Submission Value ($M) Loan Value ($M)
August 3, 2021
Forgiveness Platform Lender Submission Metrics | July 30
Data as of July 30, 11:59 PM ET
2020 PPP Loan Population
2020 PPP Loan Population Forgiveness Requests To Date Payments To Date
Total Forgiveness Amount
Count of Loans Total Loan Value Count of Applications Count of Payments Total Forgiveness Paid
Requested
4,188,144 $441,010,112,702 4,098,717 $417,259,248,092
5,135,902 $520,725,154,987 82% of 2020 PPP loans have Forgiveness has been requested 80% of the total 2020 PPP loan
80% of 2020 PPP loans have
submitted forgiveness for 85% of the total loan value of value has been forgiven, in full or
been fully or partially forgiven
applications 2020 PPP loans in part
4,790 lenders have requested forgiveness for 2020 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 28,774 82% >= $2,000,000 84,573
23,526 99.5%
85,001
$150,000-$1,999,999 627,774 85% $150,000-$1,999,999 231,989
530,803 233,234
99.47%
$50,001-$149,999 973,604 88% $50,001-$149,999 73,933 99.5%
852,296 74,301
<= $50,000 3,505,750 <= $50,000 50,515 98.97%
2,781,519 51,039
79%
0 1,000,000 2,000,000 3,000,000 4,000,000 50,000 100,000 150,000 200,000 250,000
% Submitted Total Loans Submissions % of Loan Value Forgiven Submission Value ($M) Loan Value ($M)
August 3, 2021
Forgiveness Platform Lender Submission Metrics | July 30
Data as of July 30, 11:59 PM ET
2021 PPP Loan Population
2021 PPP Loan Population Forgiveness Requests To Date Payments To Date
Total Forgiveness Amount
Count of Loans Total Loan Value Count of Applications Count of Payments Total Forgiveness Paid
Requested
860,863 $28,611,510,155 776,616 $24,566,670,406
6,346,843 $270,673,770,370 14% of 2021 PPP loans have Forgiveness has been requested
12% of 2021 PPP loans have 9% of the total 2021 PPP loan value
submitted forgiveness for 11% of the total loan value of
been fully or partially forgiven has been forgiven, in full or in part
applications 2021 PPP loans
4,249 lenders have requested forgiveness for 2021 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 728 >= $2,000,000 777
51% 777 100%
369
$150,000-$1,999,999 303,764 $150,000-$1,999,999 10,177
8% 10,187 99.91%
25,406
$50,001-$149,999 6,483 99.93%
$50,001-$149,999 546,791
13% 6,487
73,695
99.85%
<= $50,000 11,174
<= $50,000 5,495,560 11,190
761,393
14%
2,000 4,000 6,000 8,000 10,000 12,000
0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000
% of Loan Value Forgiven Submission Value ($M) Loan Value ($M)
% Submitted Total Loans Submissions
August 3, 2021
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