Oregon — PPP Loan Data

115,871 approved loans · $10.07B total · 96.3% forgiven

Total Loans
115,871
Total Approved
$10.07B
Avg $86,882/loan
Loans Forgiven
111,618
96.3% forgiveness rate
Amount Forgiven
$9.90B
98.3% of total
Jobs Reported
1,131,156
Self-reported by applicants

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

CityLoansTotal ApprovedForgiveness Rate
PORTLAND33,052$3.26B95.9%
EUGENE5,906$618.1M96.4%
BEND5,799$409.1M97.8%
SALEM5,184$507.3M95.3%
BEAVERTON4,388$382.1M95.9%
MEDFORD2,790$233.6M96.6%
LAKE OSWEGO2,382$203.4M97.7%
HILLSBORO2,213$240.8M96.2%
GRESHAM1,716$99.9M94.5%
GRANTS PASS1,513$116.9M96.0%
CORVALLIS1,513$126.6M98.1%
OREGON CITY1,507$97.2M96.6%
ASHLAND1,447$87.3M97.5%
TIGARD1,426$114.1M96.6%
SPRINGFIELD1,323$139.9M94.6%
ALBANY1,235$114.1M97.5%
HOOD RIVER1,174$92.7M97.9%
KLAMATH FALLS1,164$69.9M96.2%
CLACKAMAS1,158$156.6M96.5%
ROSEBURG1,121$126.4M95.3%
REDMOND1,031$76.1M95.6%
TUALATIN1,001$177.3M96.2%
WEST LINN991$52.4M97.1%
MILWAUKIE959$58.8M96.2%
WILSONVILLE906$145.5M98.0%

Largest Named Recipients in Oregon

Showing loans ≥ $150,000 with publicly disclosed borrower names.

BorrowerCityIndustryAmountForgiven?
ERICKSON INCORPORATEDPORTLANDManufacturing$10,000,000Yes
PACIFIC OFFICE AUTOMATION INC.BEAVERTONOther Telecommunications$10,000,000Yes
ALPHA MEDIA LLCPORTLANDRadio and Television Broadcasting$10,000,000Yes
SWANSON GROUP INCROSEBURGManufacturing$10,000,000Yes
TIMBER PRODUCTS COMPANY LPSPRINGFIELDManufacturing$10,000,000Yes
MCMENAMINS, INC.PORTLANDAccommodation and Food Services$10,000,000Yes
SHARI'S MANAGEMENT CORPORATIONBEAVERTONAccommodation and Food Services$10,000,000Yes
CHARTER MECHANICAL CONTRACTORS, INC.PORTLANDBuilding Equipment Contractors$9,938,951Yes
METRO WEST AMBULANCE SERVICE INC.HILLSBOROOther Ambulatory Health Care Services$9,275,100Yes
HERBERT MALARKEY ROOFING COMPANYPORTLANDManufacturing$9,265,200Yes
OSF INTERNATIONAL, INC.PORTLANDAccommodation and Food Services$9,232,800Yes
THE CORVALLIS CLINIC, P.C.CORVALLISOffices of Physicians$8,798,000Yes
PENDLETON WOOLEN MILLS, INC.PORTLANDManufacturing$8,674,605Yes
CHRISTENSON ELECTRIC, INC.PORTLANDBusiness Support Services$8,379,094Yes
THE PORTLAND CLINIC LLPPORTLANDOffices of Physicians$8,236,710Yes
SNYDER ROOFING & SHEET METAL, INC.PORTLANDFoundation, Structure, and Building Exterior Contractors$8,114,400Yes
OCHIN INC.PORTLANDData Processing, Hosting, and Related Services$8,028,872Yes
TRANSPAK INCTUALATINSporting Goods, Hobby, and Musical Instrument Retailers$7,898,580Yes
SCHWABE, WILLIAMSON & WYATT, P.C.PORTLANDLegal Services$7,862,443Yes
WOMEN'S HEALTHCARE ASSOCIATES, LLCPORTLANDOffices of Physicians$7,860,800Yes
MERCY CORPSPORTLANDSocial Advocacy Organizations$7,611,565Yes
SENECA SAWMILL COMPANYEUGENEManufacturing$7,023,351No
VANDERHOUWEN & ASSOCIATES, INC.PORTLANDEmployment Services$6,671,100Yes
CONSOLIDATED SUPPLY CO.PORTLANDHardware and Plumbing and Heating Equipment Merchant Wholesalers$6,584,400Yes
DEACON CONSTRUCTION, LLCPORTLANDResidential Building Construction$6,552,863Yes

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