Forgiveness Platform Lender Submission Metrics, Data as of October 09 (SBA file date: 2022-10-09)
Summary
This October 27, 2022 report carries an earlier data date, October 09. Forgiveness has been requested for 93% of all PPP loans, 92% are fully or partially forgiven, and 96% of loan value is forgiven in full or in part. The 2020 loans are 98% requested; the 2021 loans are 88% requested, with 92% of value forgiven. The report names 4,706 lenders for all PPP loans, 4,647 for 2020 loans and 4,515 for 2021 loans.
Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used
Cite this document
“Forgiveness Platform Lender Submission Metrics, Data as of October 09 (SBA file date: 2022-10-09).”
Original at legacy.sba.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/sba-2022-ppp-forgiveness-platform-lender-submission-metrics-reports-20-e92a501658/
, SHA-256 84a3a687ad29e9fd471ca9a9e5ee69781cfb72c64ae6f3e90fdea1e631583ed7.Full text
Forgiveness Platform Lender Submission Metrics | October 09
Data as of October 09, 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
10,523,464 $755,328,358,538 10,477,516 $754,868,645,383
11,347,859 $786,121,041,581 93% 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
4,706 lenders have requested forgiveness for all PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 35,161 >= $2,000,000 $113,490
97.7% 99.7%
34,355 $113,881
$150,000-$1,999,999 923,584 $150,000-$1,999,999 $380,387
98.2%
907,052 $382,978
99.3%
$50,001-$149,999 1,504,089 98.8% $50,001-$149,999 $128,725
$129,645 99.3%
1,485,990
<= $50,000 8,885,025 <= $50,000 $132,727 98.6%
8,096,067 $134,626
91.1%
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 | October 09
Data as of October 09, 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
4,932,884 $503,086,646,046 4,911,901 $503,840,688,248
5,035,456 $516,141,191,316 98% of 2020 PPP loans have Forgiveness has been requested 98% 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
4,647 lenders have requested forgiveness for 2020 PPP loans
Number of Submissions, by Loan Amount Value of Submissions, by Dollar Amount
>= $2,000,000 28,745
28,110 97.8% >= $2,000,000 $98,927
$99,290 99.6%
$150,000-$1,999,999 622,077
616,758 99.1% $150,000-$1,999,999 $262,964
$265,115
99.2%
$50,001-$149,999 961,545
956,319 99.5% $50,001-$149,999 $82,080
$82,864 99.1%
97.3%
<= $50,000 3,423,089
3,331,697 <= $50,000 $59,116
$60,721 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 | October 09
Data as of October 09, 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
5,590,580 $252,241,712,492 5,565,615 $251,027,957,135
6,312,403 $269,979,850,264 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
4,515 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 $14,563
97.3% $14,592 99.8%
6,245
$150,000-$1,999,999 $117,423
$150,000-$1,999,999 301,507 96.3% $117,863
290,294
99.6%
$50,001-$149,999 $46,645
$50,001-$149,999 542,544 $46,781 99.7%
529,671 97.6%
<= $50,000 $73,611
$73,905 99.6%
<= $50,000 5,461,936
4,764,370
87.2%
$- $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
File and source
- File
- 2022.10.09_Weekly-Forgiveness-Report_Public.pdf
- Size
- 139,836 bytes
- SHA-256
- 84a3a687ad29e9fd471ca9a9e5ee69781cfb72c64ae6f3e90fdea1e631583ed7
- Original
- legacy.sba.gov