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These are the top 50 largest PPP loans in 2020 in ZIP Code 97394

Innovation

Here are the top 50 largest PPP loans provided in 2020 to small businesses in ZIP Code 97394, according to the US Small Business Administration.

The Paycheck Protection Program (PPP) provides loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors or self-employed individuals may qualify for these loans, according to Harvard Business School.

A report on the program analyzed by the Peter G. Peterson Foundation found the “distribution of loans across sectors didn’t mirror the distribution of job losses.” It showed restaurants and food service businesses did not receive many loans, despite suffering the highest level of job losses.

A preliminary analysis from the National Bureau of Economic Research suggests the areas most affected by economic disruption did not receive the most loans.

The Paycheck Protection Program ended on May 31, 2021. Existing borrowers may be eligible for loan forgiveness at the discretion of the lender.

Top 50 largest PPP loans in 2020 in ZIP Code 97394
Name of BorrowerCurrent Approved Amount
Tri-Agg, Inc.$220,400
CP Carlson Builders, Inc.$108,929
Alsea Bay Dental Clinic, Inc.$87,064
Alaska Pacific Venture, LLC$75,690
R Grady Holdings, Inc.$74,130
Grady Enterprises, Inc.$71,240
Emerald Coast Realty, Inc.$65,800
Vision Builders LCC$63,368
F/V Jeanoah, LLC$62,690
Alsi Resort, LLC$62,500
Crestview Golf Club, LLC$60,000
Hunt Family Business, LLC$51,055
Hilltop Cafe Bistro$39,400
Pacific Northwest R. V., Inc.$36,465
Fresh Mexican Food, LLC$33,000
The Waldport INN$32,875
Alsea View, LLC$30,000
Grandpa's Feed and Pet Supply$29,338
Linda L. Speicher, CPA$28,900
Oregon Coast Technology, Inc.$28,800
Alsea Bay Granite Unlimited$26,000
Law Office of Holly Anne Gibbons, LLC$25,121
Richard Christensen Painting, Inc.$25,065
Real Estate Investment Advisors$24,500
Baymart Deli and Cafe$24,452
Espresso 101$19,500
Mr. Wizard, Inc.$18,300
Affordable Gutter Care, Inc.$18,052
Paul Joannides$17,500
Ki Rozewski$16,405
Joat Construction, LLC$16,152
Butler Peak Logging, Inc.$15,684
Lakeside Market$15,605
Our Savior Lutheran Church$15,000
Fritz Zuch$14,385
Shanna's Educational Opportunities$14,200
Waldport Foursquare Church$12,483
David Doramus$10,633
Nyhus Unlimited, LLC$10,510
Oceanquest Homes$10,474
Pro-Pest Solutions, LLC$9,800
Pixel Scrapper, LLC$8,831
John C. Perez$8,647
Maria Collins, LLC$8,400
Lorelen D.A. Lee Cut Above$8,216
Oregon Coast Tools, LLC$7,097
Community Presbyterian Church$6,872
H&K Services, Inc.$6,497
Ten Mile Lock & Safe$6,238
Commercial Fishing$5,092

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