Forgiveness Platform Lender Submission Metrics, Data as of June 20 (SBA file date: 2022-06-20)
Summary
The June 21, 2022 edition, with data as of June 20, 11:59 PM ET, shows 90% of all PPP loans with forgiveness requests and 89% fully or partially forgiven; 94% of the total loan value has been forgiven in full or in part. The 2020 loans are at 97%, and the 2021 loans at 84% requested with 87% of their value forgiven. Lenders that have requested forgiveness number 4,734 for all PPP loans, 4,676 for 2020 loans and 4,542 for 2021 loans.
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“Forgiveness Platform Lender Submission Metrics, Data as of June 20 (SBA file date: 2022-06-20).”
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Forgiveness Platform Lender Submission Metrics | June 20
Data as of June 20, 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
10,258,705 $741,204,742,653 10,195,163 $738,178,532,210
11,395,189 $788,128,589,764 90% of all PPP loans have Forgiveness has been requested
89% of all PPP loans have been 94% of the total PPP loan value has
submitted forgiveness for 94% of the total loan value of
fully or partially forgiven been forgiven, in full or in part
applications all PPP loans
4,734 lenders have requested forgiveness for all PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 35,232 >= $2,000,000 $112,145 99.5%
33,814 96.0% $112,731
$150,000-$1,999,999 926,285 $150,000-$1,999,999 $372,652
886,753 95.7%
$375,333
99.3%
$50,001-$149,999 1,507,405 $50,001-$149,999 $126,979
97.3% 99.3%
1,466,089 $127,906
<= $50,000 8,926,267 <= $50,000 $129,429
7,872,049 98.6%
88.2% $131,288
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)
June 21, 2022
Forgiveness Platform Lender Submission Metrics | June 20
Data as of June 20, 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
4,924,195 $502,646,599,481 4,903,181 $502,378,128,335
5,070,085 $517,586,431,716 97% of 2020 PPP loans have Forgiveness has been requested 97% of the total 2020 PPP loan
97% 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
4,676 lenders have requested forgiveness for 2020 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 28,809
28,083 97.5% >= $2,000,000 $98,848 99.4%
$99,411
$150,000-$1,999,999 623,898
615,825 98.7% $150,000-$1,999,999 $262,740
$265,072
99.1%
$50,001-$149,999 963,746
955,661 99.2% $50,001-$149,999 $82,025 99.0%
$82,847
96.3%
<= $50,000 3,453,632
3,324,626 <= $50,000 $59,033
$60,669 97.3%
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
June 21, 2022
Forgiveness Platform Lender Submission Metrics | June 20
Data as of June 20, 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
5,334,510 $238,558,143,172 5,291,982 $235,800,403,875
6,325,104 $270,542,158,048 84% of 2021 PPP loans have Forgiveness has been requested 87% of the total 2021 PPP loan
84% of 2021 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 2021 PPP loans in part
4,542 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 $13,297 99.8%
89.2% $13,319
5,731
$150,000-$1,999,999 302,387 $150,000-$1,999,999 $109,912
89.6%
270,928
99.7%
$50,001-$149,999 $44,954 99.8%
$50,001-$149,999 543,659 93.9% $45,059
510,428
<= $50,000 $70,396 99.7%
<= $50,000 5,472,635 $70,619
4,547,423 83.1%
$- $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
June 21, 2022
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