Forgiveness Platform Lender Submission Metrics, Data as of April 10 (SBA file date: 2022-04-10)
Summary
Dated April 11, 2022, with data through April 10, this report finds 87% of all PPP loans with forgiveness requests and the same 87% fully or partially forgiven; 90% of total loan value has been forgiven in full or in part. The 2020 population is at 96% of loans. For the 2021 population, 80% of loans have requests and 79% of loan value is forgiven. It prints 4,755 lenders for all loans, 4,697 for 2020 loans and 4,559 for 2021 loans.
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“Forgiveness Platform Lender Submission Metrics, Data as of April 10 (SBA file date: 2022-04-10).”
Original at legacy.sba.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/sba-2022-ppp-forgiveness-platform-lender-submission-metrics-reports-20-0528477151/
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Forgiveness Platform Lender Submission Metrics | April 10
Data as of April 10, 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
9,995,804 $721,242,643,169 9,938,762 $716,513,752,294
11,410,992 $788,873,042,652 87% of all PPP loans have Forgiveness has been requested
87% of all PPP loans have been 90% of the total PPP loan value has
submitted forgiveness for 91% of the total loan value of
fully or partially forgiven been forgiven, in full or in part
applications all PPP loans
4,755 lenders have requested forgiveness for all PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 35,252 >= $2,000,000 $110,000
33,016 93.7% 99.1%
$111,000
$150,000-$1,999,999 927,346 $150,000-$1,999,999 $360,000
855,622 92.3%
$363,000
99.2%
$50,001-$149,999 1,508,471 $50,001-$149,999 $124,000
1,435,147 95.1% $125,000
99.2%
<= $50,000 8,939,923 <= $50,000 $126,000
7,672,019 98.4%
85.8% $128,000
0 2,000,000 4,000,000 6,000,000 8,000,000 10,000,000 $- $100,000 $200,000 $300,000 $400,000
% Submitted Total Loans Submissions Millions
% of Loan Value Forgiven Submission Value ($M) Loan Value ($M)
April 11, 2022
Forgiveness Platform Lender Submission Metrics | April 10
Data as of April 10, 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
4,909,283 $501,767,606,866 4,887,464 $500,118,732,839
5,085,910 $518,303,687,532 96% of 2020 PPP loans have Forgiveness has been requested 96% of the total 2020 PPP loan
96% of 2020 PPP loans have
submitted forgiveness for 97% of the total loan value of value has been forgiven, in full or
been fully or partially forgiven
applications 2020 PPP loans in part
4,697 lenders have requested forgiveness for 2020 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 28,829 >= $2,000,000 $98,700
28,027 97.2% 99.4%
$99,300
$150,000-$1,999,999 624,900 98.3% $150,000-$1,999,999 $262,000
614,164 $265,000
98.9%
$50,001-$149,999 964,875 $50,001-$149,999 $81,900
954,329 98.9% 98.9%
$82,800
95.5%
<= $50,000 3,467,306 <= $50,000 $58,900 97.4%
3,312,763 $60,500
0 1,000,000 2,000,000 3,000,000 4,000,000 $- $100,000 $200,000 $300,000
% Submitted Total Loans Submissions % of Loan Value Forgiven Submission Value ($M) Loan Value ($M) Millions
April 11, 2022
Forgiveness Platform Lender Submission Metrics | April 10
Data as of April 10, 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
5,086,521 $219,475,036,303 5,051,298 $216,395,019,455
6,325,082 $270,569,355,120 80% of 2021 PPP loans have Forgiveness has been requested 79% of the total 2021 PPP loan
79% of 2021 PPP loans have
submitted forgiveness for 81% of the total loan value of value has been forgiven, in full or
been fully or partially forgiven
applications 2021 PPP loans in part
4,559 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 $11,700 100.0%
4,989 77.7% $11,700
$150,000-$1,999,999 302,446 $150,000-$1,999,999 $98,100
241,458 79.8% $98,300
99.8%
$50,001-$149,999 $42,300 99.8%
$50,001-$149,999 543,596 $42,400
480,818 88.5%
<= $50,000 $67,400 99.7%
<= $50,000 5,472,617 $67,600
4,359,256
79.7%
$- $20,000 $40,000 $60,000 $80,000 $100,000
0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000
Millions
% of Loan Value Forgiven Submission Value ($M) Loan Value ($M)
% Submitted Total Loans Submissions
April 11, 2022
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- Original
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