There were 46 PPP loans issued in Oregon during the week ending June 21. 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 |
|---|---|---|
| Versalogic Corporation | 2020-06-15 | $1-2 million |
| Bencho Jewelry, Inc. | 2020-06-15 | $350,000-1 million |
| Capers Cafe & Catering Company | 2020-06-15 | $350,000-1 million |
| Sensu, Inc. | 2020-06-15 | $350,000-1 million |
| Westside Community Focus, Inc. | 2020-06-15 | $350,000-1 million |
| Alameda Dental, LLC | 2020-06-15 | $150,000-350,000 |
| Bayberry Commons, Inc. | 2020-06-15 | $150,000-350,000 |
| Gosselin Construction, LLC | 2020-06-15 | $150,000-350,000 |
| Maccoll Busch Sato, PC | 2020-06-15 | $150,000-350,000 |
| Prophix Corporation | 2020-06-15 | $150,000-350,000 |
| Smart Mouth, Inc. | 2020-06-15 | $150,000-350,000 |
| Hilltop Construction, Inc. | 2020-06-16 | $350,000-1 million |
| Ashbrook Independent School | 2020-06-16 | $150,000-350,000 |
| Cricket Debt Counseling, Inc. | 2020-06-16 | $150,000-350,000 |
| Jeffrey D. Carl PC, D.M.D. | 2020-06-16 | $150,000-350,000 |
| Scada International, Inc. | 2020-06-16 | $150,000-350,000 |
| Selco Group, Inc. | 2020-06-16 | $150,000-350,000 |
| Thomsen Orchards, Inc. | 2020-06-16 | $150,000-350,000 |
| Wilson Surveying, Inc. | 2020-06-16 | $150,000-350,000 |
| STTS USA, Inc. | 2020-06-17 | $1-2 million |
| Youth Contact | 2020-06-17 | $350,000-1 million |
| 702 Investment Holdings, Inc. | 2020-06-17 | $150,000-350,000 |
| Alsea Geospatial, Inc. | 2020-06-17 | $150,000-350,000 |
| Brumbaugh Manufactured Homes, LLC | 2020-06-17 | $150,000-350,000 |
| Circle Path, L.L.C. | 2020-06-17 | $150,000-350,000 |
| Glenwood Restaurants, Inc. | 2020-06-17 | $150,000-350,000 |
| Habaneros, LLC | 2020-06-17 | $150,000-350,000 |
| Hayden's Grill, LLC | 2020-06-17 | $150,000-350,000 |
| JB Electric, Inc. | 2020-06-17 | $150,000-350,000 |
| JLS, LLC | 2020-06-17 | $150,000-350,000 |
| Metroeast Community Media | 2020-06-17 | $150,000-350,000 |
| Mega Fluid Systems, Inc. | 2020-06-18 | $1-2 million |
| Curry Community Health | 2020-06-18 | $350,000-1 million |
| Hood River Electric Cooperative | 2020-06-18 | $350,000-1 million |
| City View Charter School | 2020-06-18 | $150,000-350,000 |
| Kilgore Blackman Building Materials, LLC | 2020-06-18 | $150,000-350,000 |
| M. Leon Construction, LLC | 2020-06-18 | $150,000-350,000 |
| Noel Lesley Event Services, Inc. | 2020-06-18 | $150,000-350,000 |
| Owyhee Irrigation District | 2020-06-18 | $150,000-350,000 |
| Phoenix Business Solutions, LLC | 2020-06-18 | $150,000-350,000 |
| Sanchez & Associates, Inc. | 2020-06-18 | $150,000-350,000 |
| Sheridan Fruit Company | 2020-06-18 | $150,000-350,000 |
| Trisand, Inc. | 2020-06-18 | $150,000-350,000 |
| XLR8, Inc. | 2020-06-18 | $150,000-350,000 |
| Eagle Creek INN, LLC | 2020-06-19 | $150,000-350,000 |
| Vasquez Family Labor Service, LLC | 2020-06-20 | $150,000-350,000 |
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