Forgiveness Platform Lender Submission Metrics, Data as of January 16 (SBA file date: 2022-01-16)
Summary
Issued January 18, 2022 with data as of January 16, this report shows forgiveness requested on 83% of all PPP loans and 82% fully or partially forgiven, with 85% of total loan value forgiven in full or in part. By group, 95% of 2020 loans and 73% of 2021 loans have requests, and 66% of the 2021 loan value is forgiven. The lenders requesting forgiveness number 4,781 for all loans, 4,722 for 2020 loans and 4,577 for 2021 loans.
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“Forgiveness Platform Lender Submission Metrics, Data as of January 16 (SBA file date: 2022-01-16).”
Original at legacy.sba.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/sba-2022-ppp-forgiveness-platform-lender-submission-metrics-reports-20-ca9db2e309/
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Forgiveness Platform Lender Submission Metrics | January 16
Data as of January 16, 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
9,483,708 $685,240,910,179 9,363,360 $673,405,615,734
11,440,434 $790,531,525,092 83% of all PPP loans have Forgiveness has been requested
82% of all PPP loans have been 85% of the total PPP loan value has
submitted forgiveness for 87% of the total loan value of
fully or partially forgiven been forgiven, in full or in part
applications all PPP loans
4,781 lenders have requested forgiveness for all PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 35,307 >= $2,000,000 $107,014
31,676 89.7% $107,694 99.4%
$150,000-$1,999,999 929,881 $150,000-$1,999,999 $338,975
802,213 86.3% 99.2%
$341,553
$50,001-$149,999 1,511,747 91.1% $50,001-$149,999 $119,119
1,376,521 99.3%
$120,007
<= $50,000 8,963,499 <= $50,000 $120,133 98.6%
7,273,298
81.1% $121,779
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)
January 18, 2022
Forgiveness Platform Lender Submission Metrics | January 16
Data as of January 16, 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
4,869,604 $499,238,300,605 4,841,558 $493,999,586,597
5,112,746 $519,849,413,997 95% of 2020 PPP loans have Forgiveness has been requested 95% 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
4,722 lenders have requested forgiveness for 2020 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 28,882 96.5% >= $2,000,000 98,214
27,876 99.3%
98,888
$150,000-$1,999,999 627,315 97.3% $150,000-$1,999,999 260,959
610,212 263,396
99.1%
$50,001-$149,999 967,945 98.2% $50,001-$149,999 81,598
950,217 82,441 99.0%
94.1%
<= $50,000 3,488,604 <= $50,000 58,467 97.5%
3,281,299 59,982
0 1,000,000 2,000,000 3,000,000 4,000,000 50,000 100,000 150,000 200,000 250,000 300,000
% Submitted Total Loans Submissions % of Loan Value Forgiven Submission Value ($M) Loan Value ($M)
January 18, 2022
Forgiveness Platform Lender Submission Metrics | January 16
Data as of January 16, 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
4,614,104 $186,002,609,573 4,521,802 $179,406,029,137
6,327,688 $270,682,111,095 73% of 2021 PPP loans have Forgiveness has been requested 66% of the total 2021 PPP loan
71% of 2021 PPP loans have
submitted forgiveness for 68% of the total loan value of value has been forgiven, in full or
been fully or partially forgiven
applications 2021 PPP loans in part
4,577 lenders have requested forgiveness for 2021 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 6,425 59.1% >= $2,000,000 8,800
8,806 99.9%
3,800
99.8%
$150,000-$1,999,999 302,566 $150,000-$1,999,999 78,015
63.5% 78,157
192,001
$50,001-$149,999 37,521 99.9%
$50,001-$149,999 543,802 78.4% 37,566
426,304
<= $50,000 61,666
<= $50,000 5,474,895 61,797 99.8%
3,991,999
72.9%
20,000 40,000 60,000 80,000
0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000
% of Loan Value Forgiven Submission Value ($M) Loan Value ($M)
% Submitted Total Loans Submissions
January 18, 2022
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