Forgiveness Platform Lender Submission Metrics, Data as of July 31 (SBA file date: 2022-07-31)
Summary
The August 1, 2022 report, with data as of July 31, shows 91% of all PPP loans with forgiveness requests and 91% fully or partially forgiven; 95% of 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. It lists 4,721 lenders for all PPP loans, 4,664 for 2020 loans and 4,530 for 2021 loans.
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“Forgiveness Platform Lender Submission Metrics, Data as of July 31 (SBA file date: 2022-07-31).”
Original at legacy.sba.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/sba-2022-ppp-forgiveness-platform-lender-submission-metrics-reports-20-c05ade6337/
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Forgiveness Platform Lender Submission Metrics | July 31
Data as of July 31, 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
10,384,088 749,222,278,420 10,329,015 $747,343,214,295
11,379,887 $787,420,732,122 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
4,721 lenders have requested forgiveness for all PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 35,201 >= $2,000,000 $112,922
96.9% 99.6%
34,125 $113,425
$150,000-$1,999,999 925,403 $150,000-$1,999,999 $377,339
97.1%
898,660 $379,994
99.3%
$50,001-$149,999 1,506,204 98.1% $50,001-$149,999 $127,967
99.3%
1,477,339 $128,896
<= $50,000 8,913,079 <= $50,000 $130,994 98.6%
7,973,964 $132,873
89.5%
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 1, 2022
Forgiveness Platform Lender Submission Metrics | July 31
Data as of July 31, 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
4,927,945 $502,869,230,379 4,907,075 $503,081,688,147
5,055,828 $516,971,478,645 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
4,664 lenders have requested forgiveness for 2020 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 28,783
28,099 97.6% >= $2,000,000 $98,900 99.5%
$99,382
$150,000-$1,999,999 623,151
616,262 98.9% $150,000-$1,999,999 $262,846
$265,107
99.1%
$50,001-$149,999 962,700
955,986 99.3% $50,001-$149,999 $82,052 99.0%
$82,859
96.7%
<= $50,000 3,441,194
3,327,598 <= $50,000 $59,071
$60,696 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 1, 2022
Forgiveness Platform Lender Submission Metrics | July 31
Data as of July 31, 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
5,456,143 $246,353,048,042 5,421,940 $244,261,526,148
6,324,059 $270,449,253,477 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
4,530 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 $14,022 99.9%
93.9% $14,043
6,026
$150,000-$1,999,999 $150,000-$1,999,999 $114,493
302,252 93.4% $114,888
282,398
99.7%
$50,001-$149,999 $45,914
$50,001-$149,999 543,504 $46,037 99.7%
521,353 95.9%
<= $50,000 $71,923
<= $50,000 5,471,885 $72,176 99.6%
4,646,366
84.9%
$- $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 1, 2022
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