There were 39 PPP loans issued in Oregon during the week ending June 7. 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 |
|---|---|---|
| Barrier Corporation | 2020-06-01 | $350,000-1 million |
| Bridgeway House | 2020-06-01 | $350,000-1 million |
| FM Sheet Metal, Inc. | 2020-06-01 | $350,000-1 million |
| BCB General Contracting Incorporated | 2020-06-01 | $150,000-350,000 |
| BNT Embroidery, Inc. | 2020-06-01 | $150,000-350,000 |
| Construct Siding Corporation | 2020-06-01 | $150,000-350,000 |
| M Vineyard Services, LLC | 2020-06-01 | $150,000-350,000 |
| Mercado Guadalajara, Inc. | 2020-06-01 | $150,000-350,000 |
| Mission Building and Renovation, LLC | 2020-06-01 | $150,000-350,000 |
| Nside Connex, LLC | 2020-06-01 | $150,000-350,000 |
| Wire Works, LLC | 2020-06-01 | $150,000-350,000 |
| Interpath Laboratory, Inc. | 2020-06-02 | $2-5 million |
| MP Forestry, Inc. | 2020-06-02 | $350,000-1 million |
| B&D Farms | 2020-06-02 | $150,000-350,000 |
| Chiddix Enterprises, Inc. | 2020-06-02 | $150,000-350,000 |
| Permanent Employee Management, Inc. | 2020-06-02 | $150,000-350,000 |
| Bruce Standley Construction | 2020-06-03 | $150,000-350,000 |
| Callan Accounting Cpas & Advisors, LLC | 2020-06-03 | $150,000-350,000 |
| Campus Compact of Oregon | 2020-06-03 | $150,000-350,000 |
| Frye Corporation | 2020-06-03 | $150,000-350,000 |
| Functional Surfacing, LLC | 2020-06-03 | $150,000-350,000 |
| HEWCO | 2020-06-03 | $150,000-350,000 |
| NMQ Digital US | 2020-06-03 | $150,000-350,000 |
| Stewart's Firefighter Food Catering, Inc. | 2020-06-03 | $150,000-350,000 |
| Valley West Enterprises Corporation | 2020-06-03 | $150,000-350,000 |
| CML, Inc. | 2020-06-04 | $350,000-1 million |
| JC Lara Contractor, Inc. | 2020-06-04 | $350,000-1 million |
| Capri Senior Living, LLC | 2020-06-04 | $150,000-350,000 |
| Hand to Mouth Enterprises, LLC | 2020-06-04 | $150,000-350,000 |
| Pacific Farm Labor Corporation | 2020-06-04 | $150,000-350,000 |
| Battery X-Change and Repair, Inc. | 2020-06-05 | $350,000-1 million |
| Diamond Lake Improvement Company | 2020-06-05 | $350,000-1 million |
| Oregon Primary Care Association | 2020-06-05 | $350,000-1 million |
| The Episcopal Diocese of Oregon | 2020-06-05 | $350,000-1 million |
| Bennett/porter & Association, Inc. | 2020-06-05 | $150,000-350,000 |
| Goschie Mccarthy & Associates, Inc. | 2020-06-05 | $150,000-350,000 |
| Umpqua Research Company | 2020-06-05 | $150,000-350,000 |
| Vigilant LG, P.C. | 2020-06-05 | $150,000-350,000 |
| Woodcrafters | 2020-06-06 | $150,000-350,000 |
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