Forgiveness Platform Lender Submission Metrics, Data as of October 17 (SBA file date: 2022-10-17)
Summary
This report is dated October 27, 2022, while its data is as of October 17, 11:59 PM ET. It records forgiveness requests for 93% of all PPP loans, 92% fully or partially forgiven, and 96% of loan value forgiven in full or in part. The 2020 loans are at 98% requested; 2021 loans are at 89% requested, with 93% of their value forgiven. Printed lender counts: 4,706 for all PPP loans, 4,647 for 2020 loans and 4,515 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 October 17 (SBA file date: 2022-10-17).”
Original at legacy.sba.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/sba-2022-ppp-forgiveness-platform-lender-submission-metrics-reports-20-69f1047865/
, SHA-256 99a4337a53f0fa04954edb26cbf66eaf330538cafd37a70f58b5b37056c67451.Full text
Forgiveness Platform Lender Submission Metrics | October 17
Data as of October 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
10,529,799 $755,570,397,079 10,487,214 $755,376,372,734
11,344,362 $785,990,720,029 93% of all PPP loans have Forgiveness has been requested
92% of all PPP loans have been 96% of the total PPP loan value has
submitted forgiveness for 96% of the total loan value of
fully or partially forgiven been forgiven, in full or in part
applications all PPP loans
4,706 lenders have requested forgiveness for all PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 35,158 >= $2,000,000 $113,521
97.7% 99.7%
34,366 $113,910
$150,000-$1,999,999 923,416 $150,000-$1,999,999 $380,496
98.3%
907,410 $383,083
99.3%
$50,001-$149,999 1,503,769 98.8% $50,001-$149,999 $128,753
$129,675 99.3%
1,486,296
<= $50,000 8,882,019 <= $50,000 $132,800 98.6%
8,101,727 $134,699
91.2%
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)
October 27, 2022
Forgiveness Platform Lender Submission Metrics | October 17
Data as of October 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
4,933,044 $503,098,061,529 4,912,194 $503,909,676,327
5,034,873 $516,106,807,313 98% of 2020 PPP loans have Forgiveness has been requested 98% of the total 2020 PPP loan
98% 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
4,647 lenders have requested forgiveness for 2020 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 28,744
28,110 97.8% >= $2,000,000 $98,927
$99,287 99.6%
$150,000-$1,999,999 622,012
616,789 99.2% $150,000-$1,999,999 $262,972
$265,116
99.2%
$50,001-$149,999 961,499
956,331 99.5% $50,001-$149,999 $82,081
$82,864 99.1%
97.3%
<= $50,000 3,422,618
3,331,814 <= $50,000 $59,117
$60,717 97.4%
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
October 27, 2022
Forgiveness Platform Lender Submission Metrics | October 17
Data as of October 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
5,596,755 $252,472,335,550 5,575,020 $251,466,696,407
6,309,489 $269,883,912,717 89% of 2021 PPP loans have Forgiveness has been requested 93% of the total 2021 PPP loan
88% of 2021 PPP loans have
submitted forgiveness for 94% of the total loan value of value has been forgiven, in full or
been fully or partially forgiven
applications 2021 PPP loans in part
4,515 lenders have requested forgiveness for 2021 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 6,414 >= $2,000,000 $14,594
97.5% $14,623 99.8%
6,256
$150,000-$1,999,999 $117,523
$150,000-$1,999,999 301,404 96.4% $117,968
290,621
99.6%
$50,001-$149,999 $46,672
$50,001-$149,999 542,270 $46,811 99.7%
529,965 97.7%
<= $50,000 $73,683
$73,981 99.6%
<= $50,000 5,459,401
4,769,913
87.4%
$- $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
October 27, 2022
File and source
- File
- 2022.10.17_Weekly-Forgiveness-Report_Public.pdf
- Size
- 139,883 bytes
- SHA-256
- 99a4337a53f0fa04954edb26cbf66eaf330538cafd37a70f58b5b37056c67451
- Original
- legacy.sba.gov