Oregon — PPP Loan Data
115,871 approved loans · $10.07B total · 96.3% forgiven
Oregon ranked among the states receiving PPP assistance during the COVID-19 pandemic. In total, the SBA approved 115,871 loans totaling $10.07B to businesses and organizations across the state. The average loan size was $86,882.
Of all approved loans, 111,618 — or 96.3% — received SBA forgiveness totaling $9.90B. Forgiveness means the borrower was not required to repay that portion, having met the program's requirements for maintaining payroll and using funds for qualified expenses such as rent, utilities, and mortgage interest.
Among the largest recipients in Oregon were ERICKSON INCORPORATED ($10,000,000), PACIFIC OFFICE AUTOMATION INC. ($10,000,000), and ALPHA MEDIA LLC ($10,000,000).
Borrowers in Oregon reported retaining 1,131,156 jobs through the program, though job counts are self-reported and were not independently verified at the time of application. The state's businesses spanned a wide range of industries, from construction and hospitality to professional services and health care.
The most active industry in Oregon by loan count was Accommodation and Food Services with 7,731 loans totaling $880.8M. This was followed by Personal Care Services (5,297 loans).
The most active lender in Oregon was UMPQUA BANK, which originated 14,511 loans worth $1.69B. The top 10 lenders collectively handled a significant portion of the state's total loan volume, reflecting the role of large national banks as primary conduits for PPP funds.
Loans under $150,000 — which make up the majority of loan count — have borrower names withheld under FOIA Exemption 6. Only the approximately 0.0% of loans at or above that threshold have named recipients publicly disclosed.
Top Cities in Oregon
| City | Loans | Total Approved | Forgiveness Rate |
|---|---|---|---|
| PORTLAND | 33,052 | $3.26B | 95.9% |
| EUGENE | 5,906 | $618.1M | 96.4% |
| BEND | 5,799 | $409.1M | 97.8% |
| SALEM | 5,184 | $507.3M | 95.3% |
| BEAVERTON | 4,388 | $382.1M | 95.9% |
| MEDFORD | 2,790 | $233.6M | 96.6% |
| LAKE OSWEGO | 2,382 | $203.4M | 97.7% |
| HILLSBORO | 2,213 | $240.8M | 96.2% |
| GRESHAM | 1,716 | $99.9M | 94.5% |
| GRANTS PASS | 1,513 | $116.9M | 96.0% |
| CORVALLIS | 1,513 | $126.6M | 98.1% |
| OREGON CITY | 1,507 | $97.2M | 96.6% |
| ASHLAND | 1,447 | $87.3M | 97.5% |
| TIGARD | 1,426 | $114.1M | 96.6% |
| SPRINGFIELD | 1,323 | $139.9M | 94.6% |
| ALBANY | 1,235 | $114.1M | 97.5% |
| HOOD RIVER | 1,174 | $92.7M | 97.9% |
| KLAMATH FALLS | 1,164 | $69.9M | 96.2% |
| CLACKAMAS | 1,158 | $156.6M | 96.5% |
| ROSEBURG | 1,121 | $126.4M | 95.3% |
| REDMOND | 1,031 | $76.1M | 95.6% |
| TUALATIN | 1,001 | $177.3M | 96.2% |
| WEST LINN | 991 | $52.4M | 97.1% |
| MILWAUKIE | 959 | $58.8M | 96.2% |
| WILSONVILLE | 906 | $145.5M | 98.0% |
Top Industries
| Industry | Loans | Total |
|---|---|---|
| Accommodation and Food Services | 7,731 | $880.8M |
| Personal Care Services | 5,297 | $99.4M |
| Residential Building Construction | 4,159 | $220.2M |
| Offices of Other Health Practitioners | 3,936 | $164.4M |
| Management, Scientific, and Technical Consulting Services | 3,286 | $180.9M |
| Offices of Real Estate Agents and Brokers | 2,752 | $65.8M |
| Other Professional, Scientific, and Technical Services | 2,574 | $119.8M |
| Offices of Dentists | 2,384 | $214.7M |
| Services to Buildings and Dwellings | 2,186 | $119.7M |
| Legal Services | 2,139 | $175.6M |
Top Lenders
| Lender | Loans | Total |
|---|---|---|
| UMPQUA BANK | 14,511 | $1.69B |
| U.S. BANK | 13,367 | $1.03B |
| KEYBANK | 5,662 | $875.1M |
| JPMORGAN CHASE BANK | 5,255 | $460.7M |
| BANK OF AMERICA | 4,881 | $380.6M |
| WELLS FARGO BANK | 4,477 | $286.9M |
| ONPOINT COMMUNITY CREDIT UNION | 4,194 | $136.0M |
| FIRST INTERSTATE BANK | 4,135 | $423.4M |
| CROSS RIVER BANK | 3,381 | $125.9M |
| CELTIC BANK | 2,762 | $68.6M |
Largest Named Recipients in Oregon
Showing loans ≥ $150,000 with publicly disclosed borrower names.