There were 34 PPP loans issued in Oregon during the week ending July 5. 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 |
|---|---|---|
| Bright. , M.D. | 2020-06-29 | $1-2 million |
| Dlsma Enterprises, LLC | 2020-06-29 | $1-2 million |
| Portland Disposal & Recycling, Inc. | 2020-06-29 | $1-2 million |
| B & E4, LLC | 2020-06-29 | $350,000-1 million |
| Blake & Ellis, Inc. | 2020-06-29 | $350,000-1 million |
| Casa Diablo, LLC | 2020-06-29 | $350,000-1 million |
| Fern Gardens Memory Care, LLC | 2020-06-29 | $350,000-1 million |
| L. P. Company, Inc. | 2020-06-29 | $350,000-1 million |
| Oregon Family Labor, Inc. | 2020-06-29 | $350,000-1 million |
| R. A. Gray Construction, LLC | 2020-06-29 | $350,000-1 million |
| Wimmer Excavating, Inc. | 2020-06-29 | $350,000-1 million |
| Imex American Corporation | 2020-06-29 | $150,000-350,000 |
| Raindrop Roofing NW, LLC | 2020-06-29 | $150,000-350,000 |
| RJC Construction, Inc. | 2020-06-29 | $150,000-350,000 |
| Tenasys Corporation | 2020-06-29 | $150,000-350,000 |
| Westwind Concrete, Inc. | 2020-06-29 | $150,000-350,000 |
| Carr Construction, Inc. | 2020-06-30 | $2-5 million |
| SRG Reloaded, Inc. | 2020-06-30 | $2-5 million |
| Alliance Capital Partners, Corporation | 2020-06-30 | $350,000-1 million |
| Cadeo Group | 2020-06-30 | $350,000-1 million |
| Coleman Agriculture, Inc. | 2020-06-30 | $350,000-1 million |
| Oregon Human Development Corporation | 2020-06-30 | $350,000-1 million |
| The National Beauty, LLC | 2020-06-30 | $350,000-1 million |
| Wheeler Care Center, LLC | 2020-06-30 | $350,000-1 million |
| Branch Engineering, Inc. | 2020-06-30 | $150,000-350,000 |
| Bryson Distributing, LLC | 2020-06-30 | $150,000-350,000 |
| F/V Raven-Raven Enterprises | 2020-06-30 | $150,000-350,000 |
| Jefferson Collective, LLC | 2020-06-30 | $150,000-350,000 |
| Northwest Infrastructure, LLC | 2020-06-30 | $150,000-350,000 |
| Nu-Technician Machining, Inc. | 2020-06-30 | $150,000-350,000 |
| Paul Krueger Law Firm, P.C. | 2020-06-30 | $150,000-350,000 |
| Sente, Inc. | 2020-06-30 | $150,000-350,000 |
| South Willamette Veterinary Clinic, LLC | 2020-06-30 | $150,000-350,000 |
| Willamette Valley Yellow Cab | 2020-06-30 | $150,000-350,000 |
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