Forgiveness Platform Lender Submission Metrics, Data as of June 12 (SBA file date: 2022-06-12)
Summary
The June 13, 2022 edition, with data as of June 12, shows forgiveness requested for 90% of all PPP loans, 89% of loans fully or partially forgiven, and 93% of loan value forgiven in full or in part. The 2020 loans are at 97% requested, while the 2021 loans are at 84% requested and 86% of their value forgiven. Lender counts are 4,734 for all loans, 4,676 for 2020 loans and 4,542 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 12 (SBA file date: 2022-06-12).”
Original at legacy.sba.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/sba-2022-ppp-forgiveness-platform-lender-submission-metrics-reports-20-8c3428576f/
, SHA-256 16b902d08f623464f5d48921bc244504ed2b1c9bb58391a810ff1f9a1d2bd020.Full text
Forgiveness Platform Lender Submission Metrics | June 12
Data as of June 12, 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
10,227,948 $739,280,497,967 10,166,075 $736,074,418,787
11,396,476 $788,195,117,003 90% of all PPP loans have Forgiveness has been requested
89% of all PPP loans have been 93% 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 35,234 >= $2,000,000 $111,943 99.5%
33,732 95.7% $112,534
99.3%
$150,000-$1,999,999 926,384 $150,000-$1,999,999 $371,540
883,920 95.4%
$374,223
$50,001-$149,999 1,507,564 97.1% $50,001-$149,999 $126,748
1,463,459 99.3%
$127,678
87.9%
<= $50,000 8,927,294 <= $50,000 $129,049
7,846,837 98.6%
$130,896
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 13, 2022
Forgiveness Platform Lender Submission Metrics | June 12
Data as of June 12, 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
4,923,346 $502,594,976,971 4,902,001 $502,184,607,540
5,071,305 $517,644,164,226 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 28,810
28,078 97.5% >= $2,000,000 $98,833 99.4%
$99,399
99.1%
$150,000-$1,999,999 623,981
615,706 98.7% $150,000-$1,999,999 $262,717
$265,060
$50,001-$149,999 963,899
955,592 99.1% $50,001-$149,999 $82,020 99.0%
$82,847
96.2%
<= $50,000 3,454,615
3,323,970 <= $50,000 $59,025
$60,655 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 13, 2022
Forgiveness Platform Lender Submission Metrics | June 12
Data as of June 12, 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
5,304,602 $236,685,520,997 5,264,074 $233,889,811,247
6,325,171 $270,550,952,777 84% of 2021 PPP loans have Forgiveness has been requested 86% of the total 2021 PPP loan
83% of 2021 PPP loans have
submitted forgiveness for 87% 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 6,424 >= $2,000,000 $13,110 99.8%
88.0% $13,135
5,654
$150,000-$1,999,999 302,403 $150,000-$1,999,999 $108,823
88.7% $109,164
268,214
99.7%
$50,001-$149,999 $44,728 99.8%
$50,001-$149,999 543,665 93.4% $44,831
507,867
82.6%
<= $50,000 $70,024 99.7%
<= $50,000 5,472,679 $70,241
4,522,867
$- $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 13, 2022
File and source
- File
- 2022.06.12_Weekly-Forgiveness-Report_Public-508.pdf
- Size
- 150,782 bytes
- SHA-256
- 16b902d08f623464f5d48921bc244504ed2b1c9bb58391a810ff1f9a1d2bd020
- Original
- legacy.sba.gov