Forgiveness Platform Lender Submission Metrics, Data as of August 14 (SBA file date: 2022-08-14)
Summary
This August 15, 2022 report, with data as of August 14, again shows 91% of all PPP loans with forgiveness requests and 91% fully or partially forgiven; 95% of total loan value is forgiven in full or in part. The 2020 loans are 97% requested, and the 2021 loans are 86% requested with 90% of value forgiven. Lender counts are 4,717 for all PPP loans, 4,660 for 2020 loans and 4,526 for 2021 loans.
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“Forgiveness Platform Lender Submission Metrics, Data as of August 14 (SBA file date: 2022-08-14).”
Original at legacy.sba.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/sba-2022-ppp-forgiveness-platform-lender-submission-metrics-reports-20-9ab74a85aa/
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Forgiveness Platform Lender Submission Metrics | August 14
Data as of August 14, 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
10,421,482 $751,098,017,786 10,363,375 $749,446,065,921
11,377,343 $787,253,224,914 91% of all PPP loans have Forgiveness has been requested
91% of all PPP loans have been 95% 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
4,717 lenders have requested forgiveness for all PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 35,191 >= $2,000,000 $113,131 99.6%
97.2% $113,607
34,205
$150,000-$1,999,999 925,198 97.4% $150,000-$1,999,999 $378,292
901,213 $380,950
99.3%
$50,001-$149,999 1,505,937 98.3% $50,001-$149,999 $128,209 99.3%
1,480,098 $129,140
<= $50,000 8,911,017 <= $50,000 $131,466 98.6%
8,005,966 $133,350
89.8%
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)
August 15, 2022
Forgiveness Platform Lender Submission Metrics | August 14
Data as of August 14, 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
4,929,186 $502,945,042,773 4,908,087 $503,263,048,906
5,053,899 $516,835,074,361 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
4,660 lenders have requested forgiveness for 2020 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 28,773
28,105 97.7% >= $2,000,000 $98,917 99.5%
$99,368
$150,000-$1,999,999 623,003
616,389 98.9% $150,000-$1,999,999 $262,885
$265,135
99.2%
$50,001-$149,999 962,505
956,067 99.3% $50,001-$149,999 $82,060 99.0%
$82,863
96.8%
<= $50,000 3,439,618
3,328,625 <= $50,000 $59,083
$60,704 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
August 15, 2022
Forgiveness Platform Lender Submission Metrics | August 14
Data as of August 14, 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
5,492,296 $248,152,975,013 5,455,288 $246,183,017,016
6,323,444 $270,418,150,552 86% of 2021 PPP loans have Forgiveness has been requested 90% of the total 2021 PPP loan
86% of 2021 PPP loans have
submitted forgiveness for 91% of the total loan value of value has been forgiven, in full or
been fully or partially forgiven
applications 2021 PPP loans in part
4,526 lenders have requested forgiveness for 2021 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 6,418 >= $2,000,000 $14,214 99.8%
95.0% $14,239
6,100
$150,000-$1,999,999 302,195 $150,000-$1,999,999 $115,407
94.3% $115,815
284,824
99.6%
$50,001-$149,999 $46,149 99.7%
$50,001-$149,999 543,432 $46,277
524,031 96.4%
<= $50,000 $72,383
<= $50,000 5,471,399 $72,646 99.6%
4,677,341
85.5%
$- $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
August 15, 2022
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