Forgiveness Platform Lender Submission Metrics, Data as of August 28 (SBA file date: 2022-08-28)
Summary
Dated August 30, 2022, this edition has data as of August 28. It reports forgiveness requests for 92% of all PPP loans, 91% fully or partially forgiven, and 95% of loan value forgiven in full or in part. The 2020 population is at 97% of loans; the 2021 population is at 87% of loans, and 91% of its loan value is forgiven. Lender counts are 4,719 for all loans, 4,660 for 2020 loans and 4,527 for 2021 loans.
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“Forgiveness Platform Lender Submission Metrics, Data as of August 28 (SBA file date: 2022-08-28).”
Original at legacy.sba.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/sba-2022-ppp-forgiveness-platform-lender-submission-metrics-reports-20-d00ce2c671/
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Forgiveness Platform Lender Submission Metrics | August 28
Data as of August 28, 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
10,452,159 $752,561,673,515 10,396,746 $751,153,199,266
11,372,393 $787,010,775,334 92% 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
4,719 lenders have requested forgiveness for all PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 35,178 >= $2,000,000 $113,277 99.6%
97.4% $113,718
34,260
$150,000-$1,999,999 924,885 97.7% $150,000-$1,999,999 $379,041
903,226 $381,694
99.3%
$50,001-$149,999 1,505,609 98.4% $50,001-$149,999 $128,394 99.3%
1,482,232 $129,329
<= $50,000 8,906,721 <= $50,000 $131,850 98.6%
8,032,441 90.2% $133,732
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 30, 2022
Forgiveness Platform Lender Submission Metrics | August 28
Data as of August 28, 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
4,930,399 $503,005,411,175 4,909,162 $503,407,039,648
5,050,165 $516,660,430,400 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 28,764
28,108 97.7% >= $2,000,000 $98,926 99.6%
$99,347
$150,000-$1,999,999 622,769
616,512 99.0% $150,000-$1,999,999 $262,916
$265,145
99.2%
$50,001-$149,999 962,287
956,186 99.4% $50,001-$149,999 $82,068 99.0%
$82,870
96.9%
<= $50,000 3,436,345
3,329,593 <= $50,000 $59,095
$60,710 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 30, 2022
Forgiveness Platform Lender Submission Metrics | August 28
Data as of August 28, 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
5,521,760 $249,556,262,339 5,487,584 $247,746,159,619
6,322,228 $270,350,344,934 87% of 2021 PPP loans have Forgiveness has been requested 91% of the total 2021 PPP loan
86% of 2021 PPP loans have
submitted forgiveness for 92% of the total loan value of value has been forgiven, in full or
been fully or partially forgiven
applications 2021 PPP loans in part
4,527 lenders have requested forgiveness for 2021 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 6,414 >= $2,000,000 $14,351 99.9%
95.9% $14,371
6,152
$150,000-$1,999,999 302,116 $150,000-$1,999,999 $116,125
94.9% $116,549
286,714
99.6%
$50,001-$149,999 $46,326 99.7%
$50,001-$149,999 543,322 $46,459
526,046 96.8%
<= $50,000 $72,754 99.6%
<= $50,000 5,470,376 $73,022
4,702,848
86.0%
$- $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 30, 2022
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