Forgiveness Platform Lender Submission Metrics, Data as of July 30 (SBA file date: 2021-07-30)
Summary
This is an earlier report in the series: it is dated August 12, 2021, but its data stops at July 30. Forgiveness has been requested for 44% of all PPP loans and 42% are fully or partially forgiven, with 56% of loan value forgiven in full or in part. The 2020 loans lead at 82%, while only 14% of 2021 loans have requests and 9% of their value has been forgiven. Lender counts are 4,831 for PPP loans overall, 4,789 for 2020 loans and 4,248 for 2021 loans.
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“Forgiveness Platform Lender Submission Metrics, Data as of July 30 (SBA file date: 2021-07-30).”
Original at legacy.sba.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/sba-2021-ppp-forgiveness-platform-lender-submission-metrics-reports-20-89e756bdac/
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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
5,048,988 $469,615,528,575 4,875,332 $444,572,604,684
11,489,454 $792,582,473,422 44% of all PPP loans have Forgiveness has been requested
42% 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
4,831 lenders have requested forgiveness for PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 35,333 69% >= $2,000,000 $85,349 99.44%
24,338 $85,832
$150,000-$1,999,999 932,684 $150,000-$1,999,999 $242,162
559,180 60% 99.36%
$243,731
$50,001-$149,999 1,514,058 61% $50,001-$149,999 $80,415
931,002 $80,944 99.35%
<= $50,000 9,007,379 <= $50,000 $61,689 98.59%
3,534,468
39% $62,570
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 12, 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
4,188,132 $441,006,364,850 4,098,716 $419,913,249,866
5,135,731 $521,599,730,012 82% of 2020 PPP loans have Forgiveness has been requested 81% 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
4,789 lenders have requested forgiveness for 2020 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 28,923 79% >= $2,000,000 84,573 99.43%
23,967 85,057
$150,000-$1,999,999 630,378 85% $150,000-$1,999,999 231,985
533,753 233,543
99.33%
$50,001-$149,999 970,740 88% $50,001-$149,999 73,933 99.30%
857,232 74,457
<= $50,000 3,505,690 <= $50,000 50,515 98.32%
2,773,180 51,378
79%
0 1,000,000 2,000,000 3,000,000 4,000,000 50,000 100,000 150,000 200,000 250,000
% Submitted Total Loans Submissions % of Loan Value Forgiven Submission Value ($M) Loan Value ($M)
August 12, 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
860,856 $28,609,163,725 776,616 $24,659,354,818
6,353,723 $270,982,743,410 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
4,248 lenders have requested forgiveness for 2021 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 6,410 100%
371 6% >= $2,000,000 775
775
$150,000-$1,999,999 302,306 8% 99.89%
$150,000-$1,999,999 10,177
25,427 10,188
$50,001-$149,999 543,318 $50,001-$149,999 6,483 99.93%
73,770 14%
6,487
99.84%
<= $50,000 5,501,689 <= $50,000 11,174
761,288 11,192
14%
0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 2,000 4,000 6,000 8,000 10,000 12,000
% Submitted Total Loans Submissions % of Loan Value Forgiven Submission Value ($M) Loan Value ($M)
August 12, 2021
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- 2021.07.30_Corrected_Weekly-Forgiveness-Report_Public-508.pdf
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- SHA-256
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- Original
- legacy.sba.gov