Forgiveness Platform Lender Submission Metrics, Data as of September 5 (SBA file date: 2021-09-07)
Summary
The September 7, 2021 report, with data as of September 5, 11:59 PM ET, opens with the total PPP loan population: 57% of loans have forgiveness requests, 53% are fully or partially forgiven, and 64% of loan value is forgiven in full or in part. For 2020 loans the requested share is 88%; for 2021 loans it is 31%, with 20% of loan value forgiven. It names 4,835 lenders for PPP loans, 4,785 for 2020 loans and 4,499 for 2021 loans.
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“Forgiveness Platform Lender Submission Metrics, Data as of September 5 (SBA file date: 2021-09-07).”
Original at legacy.sba.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/sba-2021-ppp-forgiveness-platform-lender-submission-metrics-reports-20-b235b53290/
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Forgiveness Platform Lender Submission Metrics | September 5
Data as of September 5, 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
6,504,989 $539,600,776,343 6,059,574 $510,403,364,409
11,496,407 $792,750,681,341 57% of all PPP loans have Forgiveness has been requested
53% of all PPP loans have been 64% of the total PPP loan value has
submitted forgiveness for 68% of the total loan value of
fully or partially forgiven been forgiven, in full or in part
applications all PPP loans
4,835 lenders have requested forgiveness for PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 35,331 >= $2,000,000 $94,847
27,193 77.0% $95,438 99.4%
$150,000-$1,999,999 932,829 $150,000-$1,999,999 $271,176
632,173 67.8%
$273,183
99.3%
$50,001-$149,999 1,514,301 70.8% $50,001-$149,999 $92,619
1,072,429 99.3%
$93,309
<= $50,000 9,013,946 <= $50,000 $80,959 98.6%
4,773,194
53.0% $82,105
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)
September 7, 2021
Forgiveness Platform Lender Submission Metrics | September 5
Data as of September 5, 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
4,512,663 $473,583,630,245 4,398,763 $456,615,431,558
5,135,462 $521,507,935,791 88% of 2020 PPP loans have Forgiveness has been requested 88% of the total 2020 PPP loan
86% of 2020 PPP loans have
submitted forgiveness for 91% of the total loan value of value has been forgiven, in full or
been fully or partially forgiven
applications 2020 PPP loans in part
4,785 lenders have requested forgiveness for 2020 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 28,913 91.0% >= $2,000,000 92,933
26,306 99.4%
93,524
$150,000-$1,999,999 630,305 91.2% $150,000-$1,999,999 248,230
574,981 250,215
99.2%
$50,001-$149,999 970,630 93.5% $50,001-$149,999 78,113 99.1%
907,301 78,794
<= $50,000 3,505,614 <= $50,000 54,308 98.0%
3,004,075 55,410
85.7%
0 1,000,000 2,000,000 3,000,000 4,000,000 50,000 100,000 150,000 200,000 250,000 300,000
% Submitted Total Loans Submissions % of Loan Value Forgiven Submission Value ($M) Loan Value ($M)
September 7, 2021
Forgiveness Platform Lender Submission Metrics | September 5
Data as of September 5, 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
1,992,326 $66,017,146,098 1,660,811 $53,787,932,851
6,360,945 $271,242,745,550 31% of 2021 PPP loans have Forgiveness has been requested 20% of the total 2021 PPP loan
26% of 2021 PPP loans have
submitted forgiveness for 24% of the total loan value of value has been forgiven, in full or
been fully or partially forgiven
applications 2021 PPP loans in part
4,499 lenders have requested forgiveness for 2021 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 6,418 >= $2,000,000 1,914
887 13.8% 100%
1,914
$150,000-$1,999,999 302,524 $150,000-$1,999,999 22,946
18.9% 22,968 99.9%
57,192
$50,001-$149,999 543,671 $50,001-$149,999 14,506
30.4% 14,515 99.9%
165,128
<= $50,000 26,651
<= $50,000 5,508,332 26,695
1,769,119
32.1% 99.8%
5,000 10,000 15,000 20,000 25,000 30,000
0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000
% Submitted Total Loans Submissions % of Loan Value Forgiven Submission Value ($M) Loan Value ($M)
September 7, 2021
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- Original
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