There were 38 PPP loans issued in Oregon during the week ending June 14. The average loan size in the state was between $150,000 to 350,000.
There are approximately five million approved PPP loans with a total of $517,451,965,102 set aside for funding, according to the Small Business Administration. The average loan size was around $105,000 with over 5,000 lenders currently participating in the program.
The program was slow to get off the ground when it was crushed by an onslaught of would-be applicants. Another major criticism of the program pertained to who was receiving the loans. A program that was meant for small businesses witnessed the Los Angeles Lakers receive $4.6 million from the program. The Lakers qualified for the program under the rules as written but returned the funds according to a Laker’s statement provided to news outlets.
| Recipients | Date Received | Dollar Amount Received |
|---|---|---|
| John Latta Associates, Inc. | 2020-06-08 | $350,000-1 million |
| RSL Beaverton, LLC | 2020-06-08 | $350,000-1 million |
| Marukin, LLC | 2020-06-08 | $150,000-350,000 |
| Valley Credit Service, Inc. | 2020-06-08 | $150,000-350,000 |
| Consumers Power, Inc. | 2020-06-09 | $1-2 million |
| Radiant Senior Living, Inc. | 2020-06-09 | $350,000-1 million |
| RSL Gresham, LLC | 2020-06-09 | $350,000-1 million |
| RSL Sparks, LLC | 2020-06-09 | $350,000-1 million |
| Destiny Entertainment Corporation | 2020-06-09 | $150,000-350,000 |
| Eisele Farms, Inc. | 2020-06-09 | $150,000-350,000 |
| RSL LA Conner, LLC | 2020-06-09 | $150,000-350,000 |
| RSL Lake Stevens, LLC | 2020-06-09 | $150,000-350,000 |
| RSL Pioneer, LLC | 2020-06-09 | $150,000-350,000 |
| RSL Woodburn, LLC | 2020-06-09 | $150,000-350,000 |
| NW Metal Fabricators, Inc. | 2020-06-10 | $350,000-1 million |
| Strategic Business Solutions, Inc. | 2020-06-10 | $350,000-1 million |
| Savoy Glass, L.L.C. | 2020-06-10 | $150,000-350,000 |
| Young Mens Christian Association of Medford Oregon | 2020-06-10 | $150,000-350,000 |
| Scenic Fruit Company, LLC | 2020-06-11 | $350,000-1 million |
| 2 Blokes, LLC | 2020-06-11 | $150,000-350,000 |
| Barch, Inc. | 2020-06-11 | $150,000-350,000 |
| Meadows Courtyard, Inc. | 2020-06-11 | $150,000-350,000 |
| Nexus Productions, LLC | 2020-06-11 | $150,000-350,000 |
| Pacific Coast Siding, Inc. | 2020-06-11 | $150,000-350,000 |
| Table Rock Forestry, Inc. | 2020-06-11 | $150,000-350,000 |
| Tabor Tavern, LLC | 2020-06-11 | $150,000-350,000 |
| Western Plumbing | 2020-06-11 | $150,000-350,000 |
| Westview Logistics, Inc. | 2020-06-11 | $150,000-350,000 |
| Wyatts Tire Company | 2020-06-11 | $150,000-350,000 |
| Custom Excavating by Dean Larson, Inc. | 2020-06-12 | $350,000-1 million |
| Northwest Door & Supply, Inc. | 2020-06-12 | $350,000-1 million |
| Cundiff Engineering, Inc. | 2020-06-12 | $150,000-350,000 |
| National Institute for Direct Instruction | 2020-06-12 | $150,000-350,000 |
| Newgen Vineyard Services, LLC | 2020-06-12 | $150,000-350,000 |
| Storm Landscape Services, LLC | 2020-06-12 | $150,000-350,000 |
| French American International School | 2020-06-13 | $1-2 million |
| Cascade Physicians, PC | 2020-06-13 | $350,000-1 million |
| Advanced Communications Services, Inc. | 2020-06-13 | $150,000-350,000 |
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