Forgiveness Platform Lender Submission Metrics, Data as of April 24 (SBA file date: 2022-04-24)
Summary
Dated April 25, 2022, this report uses data through April 24. Of all PPP loans, 88% have forgiveness requests and 88% are fully or partially forgiven, and 91% of total loan value is forgiven in full or in part. The 2020 loans are 97% requested; the 2021 loans are 81% requested with 81% of their value forgiven. It prints 4,748 lenders for all PPP loans, 4,690 for 2020 loans and 4,553 for 2021 loans.
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“Forgiveness Platform Lender Submission Metrics, Data as of April 24 (SBA file date: 2022-04-24).”
Original at legacy.sba.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/sba-2022-ppp-forgiveness-platform-lender-submission-metrics-reports-20-91ebe3411c/
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Forgiveness Platform Lender Submission Metrics | April 24
Data as of April 24, 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
10,044,882 $725,054,117,468 9,992,437 $721,041,288,424
11,405,032 $788,715,731,312 88% of all PPP loans have Forgiveness has been requested
88% of all PPP loans have been 91% of the total PPP loan value has
submitted forgiveness for 92% of the total loan value of
fully or partially forgiven been forgiven, in full or in part
applications all PPP loans
4,748 lenders have requested forgiveness for all PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 35,249 >= $2,000,000 $110,699
33,175 94.1% 99.4%
$111,322
$150,000-$1,999,999 927,172 $150,000-$1,999,999
92.9% $362,705
861,544 $365,363
99.3%
$50,001-$149,999 1,508,261
1,440,891 95.5% $50,001-$149,999 $124,760 99.3%
$125,679
<= $50,000 8,934,350
7,709,272 <= $50,000 $126,889 98.6%
86.3% $128,676
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)
April 25, 2022
Forgiveness Platform Lender Submission Metrics | April 24
Data as of April 24, 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
4,912,681 $501,970,109,943 4,891,339 $500,588,979,462
5,078,493 $518,099,019,952 97% of 2020 PPP loans have Forgiveness has been requested 97% of the total 2020 PPP loan
96% 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
4,690 lenders have requested forgiveness for 2020 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 28,826 >= $2,000,000 $98,721
28,041 97.3% 99.4%
$99,326
$150,000-$1,999,999 624,680 98.4% $150,000-$1,999,999 $262,385
614,565 $264,784
99.1%
$50,001-$149,999 964,529 $50,001-$149,999 $81,946
954,633 99.0% 99.0%
$82,787
95.8%
<= $50,000 3,460,458 <= $50,000 $58,918 97.4%
3,315,442 $60,514
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
April 25, 2022
Forgiveness Platform Lender Submission Metrics | April 24
Data as of April 24, 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
5,132,201 $223,084,007,525 5,101,098 $220,452,308,962
6,326,539 $270,616,711,360 81% of 2021 PPP loans have Forgiveness has been requested 81% of the total 2021 PPP loan
81% of 2021 PPP loans have
submitted forgiveness for 82% of the total loan value of value has been forgiven, in full or
been fully or partially forgiven
applications 2021 PPP loans in part
4,553 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 $11,978 99.9%
5,134 79.9% $11,996
$150,000-$1,999,999 302,492 $150,000-$1,999,999 $100,320
246,979 81.6% $100,579
99.8%
$50,001-$149,999 $42,814 99.7%
$50,001-$149,999 543,732 $42,892
486,258 88.4%
<= $50,000 $67,972 99.7%
<= $50,000 5,473,892 $68,162
4,393,830
80.3%
$- $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
April 25, 2022
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