Forgiveness Platform Lender Submission Metrics, Data as of December 26 (SBA file date: 2021-12-26)
Summary
The December 28, 2021 edition reports data through December 26. Forgiveness has been requested on 81% of all PPP loans and 80% are fully or partially forgiven, with 83% of the total loan value forgiven in full or in part. The 2020 population stands at 95% of loans, the 2021 population at 70% of loans and 62% of loan value. The report counts 4,788 lenders with requests for all loans, 4,730 for 2020 and 4,580 for 2021, and includes tables of submissions by loan size.
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“Forgiveness Platform Lender Submission Metrics, Data as of December 26 (SBA file date: 2021-12-26).”
Original at legacy.sba.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/sba-2021-ppp-forgiveness-platform-lender-submission-metrics-reports-20-55686b6745/
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Forgiveness Platform Lender Submission Metrics | December 26
Data as of December 26, 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
9,273,029 $672,787,930,032 9,109,617 $658,960,627,150
11,450,275 $791,077,887,062 81% of all PPP loans have Forgiveness has been requested
80% of all PPP loans have been 83% of the total PPP loan value has
submitted forgiveness for 85% of the total loan value of
fully or partially forgiven been forgiven, in full or in part
applications all PPP loans
4,788 lenders have requested forgiveness for all PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 35,311 >= $2,000,000 $105,942
31,237 85.5% $106,594 99.4%
$150,000-$1,999,999 930,971 $150,000-$1,999,999 $332,216
785,397 84.4% 99.2%
$334,746
$50,001-$149,999 1,512,727 89.5% $50,001-$149,999 $117,147
1,353,852 99.3%
$118,021
<= $50,000 8,971,266 <= $50,000 $117,483
7,102,543 98.7%
79.2% $119,086
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 $400,000,000,000
% Submitted Total Loans Submissions
% of Loan Value Forgiven Submission Value ($M) Loan Value ($M)
December 28, 2021
Forgiveness Platform Lender Submission Metrics | December 26
Data as of December 26, 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
4,849,184 $498,262,231,622 4,786,981 $491,342,930,453
5,122,520 $520,391,496,170 95% of 2020 PPP loans have Forgiveness has been requested 94% of the total 2020 PPP loan
93% of 2020 PPP loans have
submitted forgiveness for 96% of the total loan value of value has been forgiven, in full or
been fully or partially forgiven
applications 2020 PPP loans in part
4,730 lenders have requested forgiveness for 2020 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 28,887 96.3% >= $2,000,000 98,070
27,821 99.3%
98,716
$150,000-$1,999,999 628,399 96.9% $150,000-$1,999,999 260,518
608,873 262,933
99.1%
$50,001-$149,999 968,916 $50,001-$149,999 81,459
97.9% 99.0%
948,395 82,294
93.4%
<= $50,000 3,496,318 <= $50,000 58,216 97.5%
3,264,095 59,703
0 1,000,000 2,000,000 3,000,000 4,000,000 50,000 100,000 150,000 200,000 250,000 300,000
% Submitted Total Loans Submissions % of Loan Value Forgiven Submission Value ($M) Loan Value ($M)
December 28, 2021
Forgiveness Platform Lender Submission Metrics | December 26
Data as of December 26, 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
4,423,845 $174,525,698,410 4,322,636 $167,617,696,698
6,327,755 $270,686,390,892 70% of 2021 PPP loans have Forgiveness has been requested 62% of the total 2021 PPP loan
68% of 2021 PPP loans have
submitted forgiveness for 64% of the total loan value of value has been forgiven, in full or
been fully or partially forgiven
applications 2021 PPP loans in part
4,580 lenders have requested forgiveness for 2021 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 6,424 53.2% >= $2,000,000 7,872
7,878 99.9%
3,416
99.8%
$150,000-$1,999,999 302,572 $150,000-$1,999,999 71,698
58.3% 71,813
176,524
$50,001-$149,999 35,688 99.9%
$50,001-$149,999 543,811 74.6% 35,727
405,457
<= $50,000 59,268 99.8%
<= $50,000 5,474,948 59,383
3,838,448
70.1%
20,000 40,000 60,000 80,000
0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000
% of Loan Value Forgiven Submission Value ($M) Loan Value ($M)
% Submitted Total Loans Submissions
December 28, 2021
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- Original
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