Forgiveness Platform Lender Submission Metrics, Data as of June 26 (SBA file date: 2022-06-26)
Summary
The June 27, 2022 report, with data as of June 26, shows forgiveness requested on 90% of all PPP loans; 90% are fully or partially forgiven and 94% of loan value is forgiven in full or in part. The 2020 loans stand at 97% requested, and the 2021 loans at 85% requested with 88% of value forgiven. The lenders that have requested forgiveness are 4,727 for all PPP loans, 4,670 for 2020 loans and 4,536 for 2021 loans.
Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used
Cite this document
“Forgiveness Platform Lender Submission Metrics, Data as of June 26 (SBA file date: 2022-06-26).”
Original at legacy.sba.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/sba-2022-ppp-forgiveness-platform-lender-submission-metrics-reports-20-3bf988deda/
, SHA-256 444aeca4f39abc5d0d951efb697a37c96e4073cbf3125f17f72923ee17175375.Full text
Forgiveness Platform Lender Submission Metrics | June 26
Data as of June 26, 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
10,280,384 $742,639,942,011 10,221,845 $739,946,476,286
11,393,977 $788,044,828,914 90% 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 94% of the total loan value of
fully or partially forgiven been forgiven, in full or in part
applications all PPP loans
4,727 lenders have requested forgiveness for all PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 35,228 >= $2,000,000 $112,304 99.5%
33,872 96.2% $112,871
$150,000-$1,999,999 926,202 $150,000-$1,999,999 $373,478
888,843 96.0%
$376,153
99.3%
$50,001-$149,999 1,507,171 $50,001-$149,999 $127,159
97.4% 99.3%
1,468,137 $128,089
<= $50,000 8,925,376 <= $50,000 $129,699
7,889,532 98.6%
88.4% $131,567
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 27, 2022
Forgiveness Platform Lender Submission Metrics | June 26
Data as of June 26, 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
4,924,910 $502,681,700,588 4,903,849 $502,469,912,388
5,068,948 $517,508,063,941 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
4,670 lenders have requested forgiveness for 2020 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 28,805
28,085 97.5% >= $2,000,000 $98,856 99.5%
$99,400
$150,000-$1,999,999 623,825
615,902 98.7% $150,000-$1,999,999 $262,756
$265,073
99.1%
$50,001-$149,999 963,524
955,726 99.2% $50,001-$149,999 $82,030 99.0%
$82,852
96.3%
<= $50,000 3,452,794
3,325,197 <= $50,000 $59,040
$60,681 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 27, 2022
Forgiveness Platform Lender Submission Metrics | June 26
Data as of June 26, 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
5,355,474 $239,958,241,423 5,317,996 $237,476,563,898
6,325,029 $270,536,764,973 85% of 2021 PPP loans have Forgiveness has been requested 88% of the total 2021 PPP loan
84% of 2021 PPP loans have
submitted forgiveness for 89% of the total loan value of value has been forgiven, in full or
been fully or partially forgiven
applications 2021 PPP loans in part
4,536 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 $13,448 99.8%
90.1% $13,470
5,787
$150,000-$1,999,999 302,377 $150,000-$1,999,999
90.3%
272,941
99.7%
$50,001-$149,999 $45,129 99.8%
$50,001-$149,999 543,647 94.3% $45,237
512,411
<= $50,000 $70,659 99.7%
<= $50,000 5,472,582 $70,886
4,564,335 83.4%
$- $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 27, 2022
File and source
- File
- 2022.06.26_Weekly-Forgiveness-Report_Public_508.pdf
- Size
- 148,352 bytes
- SHA-256
- 444aeca4f39abc5d0d951efb697a37c96e4073cbf3125f17f72923ee17175375
- Original
- legacy.sba.gov