Forgiveness Platform Lender Submission Metrics, Data as of February 13 (SBA file date: 2022-02-13)
Summary
With a report date of February 14, 2022 and data through February 13, this edition shows forgiveness requested for 85% of all PPP loans, 84% fully or partially forgiven, and 87% of loan value forgiven in full or in part. The 2020 population is at 96% of loans, while the 2021 population is at 76% of loans and 72% of its loan value. Printed lender counts are 4,766 for all PPP loans, 4,708 for 2020 loans and 4,565 for 2021 loans.
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“Forgiveness Platform Lender Submission Metrics, Data as of February 13 (SBA file date: 2022-02-13).”
Original at legacy.sba.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/sba-2022-ppp-forgiveness-platform-lender-submission-metrics-reports-20-a4f02c0bcc/
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Forgiveness Platform Lender Submission Metrics | February 13
Data as of February 13, 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
9,710,609 $700,131,639,048 9,620,531 $691,688,959,570
11,430,137 $789,911,320,013 85% of all PPP loans have Forgiveness has been requested
84% of all PPP loans have been 87% of the total PPP loan value has
submitted forgiveness for 89% of the total loan value of
fully or partially forgiven been forgiven, in full or in part
applications all PPP loans
4,766 lenders have requested forgiveness for all PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 35,290 >= $2,000,000 $121,000
32,181 91.2% $122,000 99.2%
$150,000-$1,999,999 928,710 $150,000-$1,999,999 $348,000
823,968 88.7%
$350,000
99.4%
$50,001-$149,999 1,510,724 $50,001-$149,999 $108,000
1,401,371 92.8% 99.1%
$109,000
<= $50,000 8,955,413 <= $50,000 $123,000
7,453,089 98.4%
83.2% $125,000
0 2,000,000 4,000,000 6,000,000 8,000,000 10,000,000
$- $100,000,000,000 $200,000,000,000 $300,000,000,000 $400,000,000,000
% Submitted Total Loans Submissions
% of Loan Value Forgiven Submission Value ($M) Loan Value ($M)
February 14, 2022
Forgiveness Platform Lender Submission Metrics | February 13
Data as of February 13, 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
4,887,597 $500,408,048,045 4,864,462 $497,028,573,756
5,103,199 $519,266,495,394 96% of 2020 PPP loans have Forgiveness has been requested 96% of the total 2020 PPP loan
95% of 2020 PPP loans have
submitted forgiveness for 96% of the total loan value of value has been forgiven, in full or
been fully or partially forgiven
applications 2020 PPP loans in part
4,708 lenders have requested forgiveness for 2020 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 28,867 >= $2,000,000 98,400
27,929 96.8% 99.4%
99,000
$150,000-$1,999,999 626,171 97.8% $150,000-$1,999,999 262,000
612,112 264,000
99.2%
$50,001-$149,999 966,936 $50,001-$149,999 81,800
952,242 98.5% 82,600 99.0%
94.7%
<= $50,000 3,481,225 <= $50,000 58,700
3,295,314 97.5%
60,200
0 1,000,000 2,000,000 3,000,000 4,000,000 50,000 100,000 150,000 200,000 250,000 300,000
% Submitted Total Loans Submissions % of Loan Value Forgiven Submission Value ($M) Loan Value ($M)
February 14, 2022
Forgiveness Platform Lender Submission Metrics | February 13
Data as of February 13, 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
4,823,012 $199,723,591,003 4,756,069 $194,660,385,814
6,326,938 $270,644,824,619 76% of 2021 PPP loans have Forgiveness has been requested 72% of the total 2021 PPP loan
75% of 2021 PPP loans have
submitted forgiveness for 74% of the total loan value of value has been forgiven, in full or
been fully or partially forgiven
applications 2021 PPP loans in part
4,565 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 9,910
4,252 66.2% 9,920 99.9%
$150,000-$1,999,999 302,539 $150,000-$1,999,999 86,000
211,856 70.0% 86,200
99.8%
$50,001-$149,999 39,500 99.7%
$50,001-$149,999 543,788 39,600
449,129 82.6%
<= $50,000 64,300 99.8%
<= $50,000 5,474,188 64,400
4,157,775
76.0%
20,000 40,000 60,000 80,000
0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000
% of Loan Value Forgiven Submission Value ($M) Loan Value ($M)
% Submitted Total Loans Submissions
February 14, 2022
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