Forgiveness Platform Lender Submission Metrics, Data as of August 15 (SBA file date: 2021-08-16)
Summary
Written up on August 16, 2021 from data as of August 15, this edition shows forgiveness requested for 48% of all PPP loans; 46% are fully or partially forgiven and 59% of loan value is forgiven in full or in part. The 2020 population is at 84% of loans. The 2021 population is at 20% of loans and 13% of loan value forgiven, and its section includes a table of submissions by loan size. Lenders with requests number 4,836 for PPP loans, 4,788 for 2020 loans and 4,373 for 2021 loans.
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“Forgiveness Platform Lender Submission Metrics, Data as of August 15 (SBA file date: 2021-08-16).”
Original at legacy.sba.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/sba-2021-ppp-forgiveness-platform-lender-submission-metrics-reports-20-c1ee52630f/
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Forgiveness Platform Lender Submission Metrics | August 15
Data as of August 15, 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
5,604,139 $498,509,366,707 5,271,663 $471,137,621,001
11,492,021 $792,654,072,484 48% of all PPP loans have Forgiveness has been requested
46% of all PPP loans have been 59% of the total PPP loan value has
submitted forgiveness for 63% of the total loan value of
fully or partially forgiven been forgiven, in full or in part
applications all PPP loans
4,836 lenders have requested forgiveness for PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 35,336 72.5% >= $2,000,000 $89,677
25,612 $90,217 99.4%
$150,000-$1,999,999 932,729 $150,000-$1,999,999 $254,458
590,307 63.3%
$256,215
99.3%
$50,001-$149,999 1,514,090 65.3% $50,001-$149,999 $85,434
989,062 $86,036 99.3%
<= $50,000 9,009,866 <= $50,000 $68,941 98.6%
3,999,158
44.4% $69,934
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 16, 2021
Forgiveness Platform Lender Submission Metrics | August 15
Data as of August 15, 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
4,331,360 $456,519,027,305 4,249,368 $438,632,367,988
5,135,675 $521,570,530,282 84% of 2020 PPP loans have Forgiveness has been requested 84% of the total 2020 PPP loan
83% of 2020 PPP loans have
submitted forgiveness for 88% of the total loan value of value has been forgiven, in full or
been fully or partially forgiven
applications 2020 PPP loans in part
4,788 lenders have requested forgiveness for 2020 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 28,921 86.7% >= $2,000,000 88,530
25,074 99.4%
89,070
$150,000-$1,999,999 630,343 87.8% $150,000-$1,999,999 239,846
553,694 241,591
99.3%
$50,001-$149,999 970,648 90.8% $50,001-$149,999 75,961 99.2%
881,238 76,557
<= $50,000 3,505,763 <= $50,000 52,183 98.2%
2,871,354 53,146
81.9%
0 1,000,000 2,000,000 3,000,000 4,000,000 50,000 100,000 150,000 200,000 250,000 300,000
% Submitted Total Loans Submissions % of Loan Value Forgiven Submission Value ($M) Loan Value ($M)
August 16, 2021
Forgiveness Platform Lender Submission Metrics | August 15
Data as of August 15, 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
1,272,779 $41,990,339,401 1,077,250 $35,148,550,519
6,356,346 $271,083,542,202 20% of 2021 PPP loans have Forgiveness has been requested 13% of the total 2021 PPP loan
17% of 2021 PPP loans have
submitted forgiveness for 15% of the total loan value of value has been forgiven, in full or
been fully or partially forgiven
applications 2021 PPP loans in part
4,373 lenders have requested forgiveness for 2021 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 6,415 >= $2,000,000 1,147
8.4% 1,147 100%
538
$150,000-$1,999,999 302,386 $150,000-$1,999,999 14,612 99.9%
12.1% 14,624
36,613
$50,001-$149,999 9,473
$50,001-$149,999 543,442 9,479 99.9%
107,824 19.8%
<= $50,000 16,758
<= $50,000 5,504,103 16,788 99.8%
1,127,804
20.5%
5,000 10,000 15,000 20,000
0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000
% of Loan Value Forgiven Submission Value ($M) Loan Value ($M)
% Submitted Total Loans Submissions
August 16, 2021
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- Original
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