Loans of $25,000 were provided to 289 businesses.
The largest loan underneath the $25,000 threshold was $25,000, given to A1 Professional Services, LLC.
The average loan amount provided to Oregon small businesses was $85,949.
One of the biggest drivers causing inflation, which is currently decimating the U.S. economy, is loans. With more money available to residents through the PPP, the purchasing power of that money is diminished, meaning it takes more money to buy the same amount of goods as before.
Economist Mickey D. Levy argued the PPP and many other assistance programs offered during the COVID-19 pandemic sparked the inflation seen in recent months by boosting the economy beyond what it could reasonably handle.
Roughly $800 billion was injected into the U.S. economy while interest rates were low, causing people to overextend themselves at the time to land in trouble in the future, he claimed.
A 2022 study found that the PPP spent between $169,000 and $258,000 to protect one job. With the average salary of a small-business worker being around $58,000, the study found the program overspent by roughly 75 percent.
| Borrower Name | Loan Amount | Difference From Average Loan Amount in OR |
|---|---|---|
| A1 Professional Services, LLC | $25,000 | -$60,949 |
| Christiansen Wellness, Inc. | $25,000 | -$60,949 |
| The Natural Nail 1LLC | $25,000 | -$60,949 |
| Roccasalva Incorporated | $25,000 | -$60,949 |
| Mindwarm Incorporated | $25,000 | -$60,949 |
| Harrolds Dairy, LLC | $25,000 | -$60,949 |
| Salem Wild Birds, Inc. | $25,000 | -$60,949 |
| Precision Works, LLC | $25,000 | -$60,949 |
| YUE Investments, LLC | $25,000 | -$60,949 |
| Arista Car Company, LLC | $25,000 | -$60,949 |
| Arista Car Company, LLC | $25,000 | -$60,949 |
| CJS Great Cats World Park, Inc. | $25,000 | -$60,949 |
| Ten More, LLC | $25,000 | -$60,949 |
| Russell S Barnett III, PC | $25,000 | -$60,949 |
| Idea Machine PDX, LLC | $25,000 | -$60,949 |
| Lion Express, LLC | $25,000 | -$60,949 |
| Renewal Centers | $25,000 | -$60,949 |
| Platinum Painting & Remodeling, LLC | $25,000 | -$60,949 |
| Gardo Property Management, LLC | $25,000 | -$60,949 |
| Isophlora, Inc. | $25,000 | -$60,949 |
| Bollywood Eyebrow Threading Salon | $25,000 | -$60,949 |
| E and G Homes, LLC | $25,000 | -$60,949 |
| Bendaq Ventures, LLC | $25,000 | -$60,949 |
| Sheldon Industries, Inc. | $25,000 | -$60,949 |
| Cape Point Technologies, LLC | $25,000 | -$60,949 |
| Mike Orzen & Associates, Inc. | $25,000 | -$60,949 |
| Mario's Holding Company | $25,000 | -$60,949 |
| James Ivanovich | $25,000 | -$60,949 |
| Topline Delivery, Inc. | $25,000 | -$60,949 |
| Wallace Law Firm | $25,000 | -$60,949 |
| Wallace Law Firm | $25,000 | -$60,949 |
| Bridgetown Equity Properties, LLC | $25,000 | -$60,949 |
| Local Lounge | $25,000 | -$60,949 |
| Anfield Painting, LLC | $25,000 | -$60,949 |
| Lanie Holt | $25,000 | -$60,949 |
| PCH Cables, Inc. | $25,000 | -$60,949 |
| Kasten & Sons Flooring, Inc. | $25,000 | -$60,949 |
| Moda Nails Salon, LLC | $25,000 | -$60,949 |
| Southeast Physical Therapy, P.C. | $25,000 | -$60,949 |
| Guardian Angel Caregivers, LLC | $25,000 | -$60,949 |
| Budget Heating and Cooling, Inc. | $25,000 | -$60,949 |
| Morning Star Cleaning, Inc. | $25,000 | -$60,949 |
| Choice of India Restaurant & Lounge | $25,000 | -$60,949 |
| Onflow Systems, LLC | $25,000 | -$60,949 |
| LA Mixteca Taqueria Y Huaracheria | $25,000 | -$60,949 |
| The Ale Apothecary | $25,000 | -$60,949 |
| Some Place Else, Inc. | $25,000 | -$60,949 |
| KM, LLC | $25,000 | -$60,949 |
| Ollin Construction, LLC | $25,000 | -$60,949 |
| Millennial Painting & Design, LLC | $25,000 | -$60,949 |
| Kaer Property Group, LLC | $25,000 | -$60,949 |
| Thirty Minutes West, LLC | $25,000 | -$60,949 |
| Organic Skin Care Boutique and Spa, LLC | $25,000 | -$60,949 |
| ASH Ware, Inc. | $25,000 | -$60,949 |
| Body Dynamics Massage Therapy, LLC | $25,000 | -$60,949 |
| Carrick Incorporated | $25,000 | -$60,949 |
| Players Racquet Shop East, LLC | $25,000 | -$60,949 |
| Valley Network Techs, Inc. | $25,000 | -$60,949 |
| Mountaintop Metal, LLC | $25,000 | -$60,949 |
| Financial Independence, LLC | $25,000 | -$60,949 |
| JM Smith Gutters and More, LLC | $25,000 | -$60,949 |
| Tall Timber Construction, LLC | $25,000 | -$60,949 |
| Northwest Pine Apple, LLC | $25,000 | -$60,949 |
| All About Health Network, Inc. | $25,000 | -$60,949 |
| @large, Inc. | $25,000 | -$60,949 |
| J and H Home Service, LLC | $25,000 | -$60,949 |
| Rusen, LLC | $25,000 | -$60,949 |
| Metropolis Cycle Repair | $25,000 | -$60,949 |
| Rosenau Dental Lab, Inc. | $25,000 | -$60,949 |
| Amazing Nails and Spa | $25,000 | -$60,949 |
| Amazing Nails and Spa | $25,000 | -$60,949 |
| Dancers Closet | $25,000 | -$60,949 |
| Evolve Fit Wear, LLC | $25,000 | -$60,949 |
| Oregon TDM, Inc. | $25,000 | -$60,949 |
| Autobahn Imports | $25,000 | -$60,949 |
| Autobahn Imports | $25,000 | -$60,949 |
| B&G Hospitality, LLC | $25,000 | -$60,949 |
| Otto Pipe Construction, LLC | $25,000 | -$60,949 |
| Bocci's on 7th, LLC | $25,000 | -$60,949 |
| Kevin Stewart, Inc. | $25,000 | -$60,949 |
| Tiger Auto Detail, LLC | $25,000 | -$60,949 |
| Labor's Community Service Agency, Inc. | $25,000 | -$60,949 |
| The Breakfast Club | $25,000 | -$60,949 |
| The Breakfast Club | $25,000 | -$60,949 |
| Power Chiropractic Clinic, LLC | $25,000 | -$60,949 |
| Pillar Properties, LLC | $25,000 | -$60,949 |
| Apa Realty, CORP | $25,000 | -$60,949 |
| Boomtown Northwest, Inc. | $25,000 | -$60,949 |
| Harden Chiropractic, P.C. | $25,000 | -$60,949 |
| Carmens Chips, Inc. | $25,000 | -$60,949 |
| Heat Master, CORP | $25,000 | -$60,949 |
| Teriyaki Land Restaurant | $25,000 | -$60,949 |
| Tigard Tualatin Swim Club of Oregon | $25,000 | -$60,949 |
| Blue ARCH Technology Services, LLC | $25,000 | -$60,949 |
| Lloyd Alteration Station., LLC | $25,000 | -$60,949 |
| Pickleball Is Great, Inc. | $25,000 | -$60,949 |
| Youngs River Trees Service, LLC | $25,000 | -$60,949 |
| Tall Timber Construction, LLC | $25,000 | -$60,949 |
| Evergreen Center, PC | $25,000 | -$60,949 |
| Rogue Barbers, LLC | $25,000 | -$60,949 |
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