ONPOINT COMMUNITY CREDIT UNION

ONPOINT COMMUNITY CREDIT UNION was one of the thousands of SBA-approved lenders that participated in the Paycheck Protection Program. During the program period (April 2020 – May 2021), the lender originated 4,436 PPP loans totaling $142.2M, representing approximately 0.04% of all loans nationwide.

ONPOINT COMMUNITY CREDIT UNION served borrowers across 16 states. The largest concentration of activity was in Oregon, where the lender originated 4,194 loans totaling $136.0M. Other states with significant activity included Washington, California, New Mexico.

The average loan size for this lender was $32,055. This figure reflects the mix of borrower types — large companies, small businesses, sole proprietors, and non-profits — that applied through this institution. Lenders were responsible for collecting and verifying borrower certifications and submitting loan applications to the SBA's E-Tran system.

Among the largest named borrowers that received loans through ONPOINT COMMUNITY CREDIT UNION were: DOVE LEWIS EMERGENCY ANIMAL HOSPITAL, INC. (OR) — $1,959,741; TYREE OIL, INC. (OR) — $1,872,510; TYREE OIL INC. (OR) — $1,748,383; and TEAM RON INCORPORATED (OR) — $1,413,629.

PPP lenders were compensated through processing fees paid by the SBA rather than by borrowers. Fees ranged from 1% to 5% of the loan amount depending on loan size. Lenders were not required to take credit risk — the SBA provided a 100% guaranty on each loan. This structure incentivized broad participation but also contributed to documented cases of lender fraud and over-processing of applications.

Borrower names for loans under $150,000 are withheld under FOIA Exemption 6. As a result, the named recipients shown below represent only a fraction of this lender's total portfolio. The full loan count and amount figures include all loans in the SBA's data regardless of disclosure status.