Forgiveness Platform Lender Submission Metrics, Data as of September 25 (SBA file date: 2022-09-25)
Summary
This report is dated October 27, 2022, but its data is as of September 25, 11:59 PM ET. It shows 92% of all PPP loans with forgiveness requests, 92% fully or partially forgiven, and 96% of loan value forgiven in full or in part. The 2020 loans are 98% requested; the 2021 loans are 88% requested, with 92% of value forgiven. Lender counts are 4,713 for all PPP loans, 4,654 for 2020 loans and 4,521 for 2021 loans.
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“Forgiveness Platform Lender Submission Metrics, Data as of September 25 (SBA file date: 2022-09-25).”
Original at legacy.sba.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/sba-2022-ppp-forgiveness-platform-lender-submission-metrics-reports-20-c364b39d9a/
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Forgiveness Platform Lender Submission Metrics | September 25
Data as of September 25, 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
10,505,391 $754,581,428,695 10,458,471 $753,958,587,324
11,354,501 $786,410,092,269 92% of all PPP loans have Forgiveness has been requested
92% of all PPP loans have been 96% of the total PPP loan value has
submitted forgiveness for 96% of the total loan value of
fully or partially forgiven been forgiven, in full or in part
applications all PPP loans
4,713 lenders have requested forgiveness for all PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 35,168 >= $2,000,000 $113,425
97.6% 99.6%
34,325 $113,832
$150,000-$1,999,999 923,992 $150,000-$1,999,999 $380,006
98.1%
905,996 $382,629
99.3%
$50,001-$149,999 1,504,560 98.7% $50,001-$149,999 $128,642
$129,569 99.3%
1,485,047
<= $50,000 8,890,781 <= $50,000 $132,508 98.6%
8,080,023 $134,397
90.9%
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)
October 27, 2022
Forgiveness Platform Lender Submission Metrics | September 25
Data as of September 25, 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
4,932,384 $503,063,896,904 4,911,227 $503,655,077,505
5,038,702 $516,289,477,030 98% 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
4,654 lenders have requested forgiveness for 2020 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 28,752
28,108 97.8% >= $2,000,000 $98,924
$99,302 99.6%
$150,000-$1,999,999 622,254
616,703 99.1% $150,000-$1,999,999 $262,950
$265,135
99.2%
$50,001-$149,999 961,697
956,295 99.4% $50,001-$149,999 $82,078
$82,869 99.0%
97.2%
<= $50,000 3,425,999
3,331,278 <= $50,000 $59,112
$60,719 97.4%
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
October 27, 2022
Forgiveness Platform Lender Submission Metrics | September 25
Data as of September 25, 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
5,573,007 $251,517,531,791 5,547,244 $250,244,445,387
6,315,799 $270,120,615,238 88% of 2021 PPP loans have Forgiveness has been requested 92% of the total 2021 PPP loan
87% of 2021 PPP loans have
submitted forgiveness for 93% of the total loan value of value has been forgiven, in full or
been fully or partially forgiven
applications 2021 PPP loans in part
4,521 lenders have requested forgiveness for 2021 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 6,416 >= $2,000,000 $14,501
96.9% $14,530 99.8%
6,217
$150,000-$1,999,999 $117,056
$150,000-$1,999,999 301,738 95.9% $117,494
289,293
99.6%
$50,001-$149,999 $46,564
$50,001-$149,999 542,863 $46,700 99.7%
528,752 97.4%
<= $50,000 $73,396
$73,678 99.6%
<= $50,000 5,464,782
4,748,745
86.9%
$- $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
October 27, 2022
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