Forgiveness Platform Lender Submission Metrics, Data as of December 5 (SBA file date: 2021-12-05)
Summary
With data as of December 5 and a report date of December 6, 2021, this edition counts 78% of all PPP loans as having forgiveness requests and 76% as fully or partially forgiven. In loan value, 80% has been forgiven in full or in part. The 2020 loans are at 94% requested, and the 2021 loans at 66% requested with 54% of value forgiven. The report prints 4,794 lenders for all PPP loans, 4,736 for 2020 loans and 4,577 for 2021 loans.
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“Forgiveness Platform Lender Submission Metrics, Data as of December 5 (SBA file date: 2021-12-05).”
Original at legacy.sba.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/sba-2021-ppp-forgiveness-platform-lender-submission-metrics-reports-20-dde15d310e/
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Forgiveness Platform Lender Submission Metrics | December 5
Data as of December 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
8,977,224 $656,012,744,897 8,720,448 $634,378,962,916
11,456,315 $791,592,652,385 78% of all PPP loans have Forgiveness has been requested
76% of all PPP loans have been 80% of the total PPP loan value has
submitted forgiveness for 83% of the total loan value of
fully or partially forgiven been forgiven, in full or in part
applications all PPP loans
4,794 lenders have requested forgiveness for all PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 35,316 >= $2,000,000 $104,574
30,695 86.9% $105,231 99.4%
$150,000-$1,999,999 931,947 $150,000-$1,999,999 $323,212
762,930 81.9% 99.2%
$325,702
$50,001-$149,999 1,513,509 87.4% $50,001-$149,999 $114,426
1,322,779 99.3%
$115,278
<= $50,000 8,975,543 <= $50,000 $113,801 98.7%
6,860,820
76.4% $115,332
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 6, 2021
Forgiveness Platform Lender Submission Metrics | December 5
Data as of December 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
4,820,477 $496,771,582,081 4,759,330 $487,617,805,273
5,128,746 $520,911,982,368 94% 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 95% of the total loan value of value has been forgiven, in full or
been fully or partially forgiven
applications 2020 PPP loans in part
4,736 lenders have requested forgiveness for 2020 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 28,893 96.0% >= $2,000,000 97,801
27,740 99.3%
98,455
$150,000-$1,999,999 629,371 96.4% $150,000-$1,999,999 259,796
606,726 262,191
99.1%
$50,001-$149,999 969,667 97.6% $50,001-$149,999 81,272
946,005 82,094 99.0%
92.6%
<= $50,000 3,500,815 <= $50,000 57,902 97.6%
3,240,006 59,329
0 1,000,000 2,000,000 3,000,000 4,000,000 50,000 100,000 150,000 200,000 250,000 300,000
% Submitted Total Loans Submissions % of Loan Value Forgiven Submission Value ($M) Loan Value ($M)
December 6, 2021
Forgiveness Platform Lender Submission Metrics | December 5
Data as of December 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
4,156,747 $159,241,162,816 3,961,118 $146,761,157,643
6,327,569 $270,680,670,017 66% of 2021 PPP loans have Forgiveness has been requested 54% of the total 2021 PPP loan
63% of 2021 PPP loans have
submitted forgiveness for 59% of the total loan value of value has been forgiven, in full or
been fully or partially forgiven
applications 2021 PPP loans in part
4,577 lenders have requested forgiveness for 2021 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 6,423 >= $2,000,000 6,772
2,955 46.0% 99.9%
6,776
99.9%
$150,000-$1,999,999 302,576 $150,000-$1,999,999
51.6%
156,204
$50,001-$149,999 543,842 $50,001-$149,999 33,154 99.9%
69.3% 33,184
376,774
99.8%
<= $50,000 55,899
<= $50,000 5,474,728 56,003
3,620,814
66.1%
10,000 20,000 30,000 40,000 50,000 60,000
0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000
% Submitted Total Loans Submissions % of Loan Value Forgiven Submission Value ($M) Loan Value ($M)
December 6, 2021
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