Forgiveness Platform Lender Submission Metrics, Data as of July 17 (SBA file date: 2022-07-17)
Summary
By the July 19, 2022 report (data as of July 17), forgiveness had been requested for 91% of all PPP loans, and 90% were fully or partially forgiven. In loan value, 94% had been forgiven in full or in part. The 2020 population is at 97% of loans; the 2021 population is at 86% of loans, and 89% of its loan value is forgiven. Printed lender counts: 4,724 for all PPP loans, 4,665 for 2020 loans, 4,531 for 2021 loans.
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“Forgiveness Platform Lender Submission Metrics, Data as of July 17 (SBA file date: 2022-07-17).”
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Forgiveness Platform Lender Submission Metrics | July 17
Data as of July 17, 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
10,342,606 746,745,671,524 10,288,154 $744,576,562,389
11,385,820 $787,738,556,240 91% of all PPP loans have Forgiveness has been requested
90% of all PPP loans have been 94% of the total PPP loan value has
submitted forgiveness for 95% of the total loan value of
fully or partially forgiven been forgiven, in full or in part
applications all PPP loans
4,724 lenders have requested forgiveness for all PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 35,209 >= $2,000,000 $112,682 99.5%
34,031 96.7% $113,207
$150,000-$1,999,999 925,925 $150,000-$1,999,999 $375,922
895,057 96.7%
$378,591
99.3%
$50,001-$149,999 1,506,759 $50,001-$149,999 $127,667
97.8% 99.3%
1,473,946 $128,596
<= $50,000 8,917,927 <= $50,000 $130,475
7,939,572 98.6%
89.0% $132,348
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)
July 19, 2022
Forgiveness Platform Lender Submission Metrics | July 17
Data as of July 17, 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
4,926,647 $502,791,528,992 4,905,916 $502,891,958,889
5,061,298 $517,256,539,844 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
4,665 lenders have requested forgiveness for 2020 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 28,792
28,092 97.6% >= $2,000,000 $98,881 99.5%
$99,389
$150,000-$1,999,999 623,621
616,127 98.8% $150,000-$1,999,999 $262,809
$265,099
99.1%
$50,001-$149,999 963,162
955,882 99.2% $50,001-$149,999 $82,044 99.0%
$82,856
96.5%
<= $50,000 3,445,723
3,326,546 <= $50,000 $59,057
$60,694 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
July 19, 2022
Forgiveness Platform Lender Submission Metrics | July 17
Data as of July 17, 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
5,415,959 $243,954,142,531 5,382,238 $241,684,603,500
6,324,522 $270,482,016,396 86% of 2021 PPP loans have Forgiveness has been requested 89% of the total 2021 PPP loan
84% of 2021 PPP loans have
submitted forgiveness for 90% of the total loan value of value has been forgiven, in full or
been fully or partially forgiven
applications 2021 PPP loans in part
4,531 lenders have requested forgiveness for 2021 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 6,417 >= $2,000,000 $13,801 99.9%
92.6% $13,817
5,939
$150,000-$1,999,999 302,304 $150,000-$1,999,999 $113,113
92.3% $113,492
278,930
99.7%
$50,001-$149,999 $45,623 99.7%
$50,001-$149,999 543,597 $45,740
518,064 95.3%
<= $50,000 $71,418
<= $50,000 5,472,204 $71,654 99.7%
4,613,026
84.3%
$- $20,000 $40,000 $60,000 $80,000 $100,000 $120,000
0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000
Millions
% of Loan Value Forgiven Submission Value ($M) Loan Value ($M)
% Submitted Total Loans Submissions
July 19, 2022
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