Albany, OR — PPP Loan Data

Albany, Oregon received 1,235 Paycheck Protection Program loans totaling $114.1M. The average loan in the city was $92,402 — above the national program average of approximately $67,000.

97.5% of loans in Albany — totaling $113.5M — received SBA forgiveness. Forgiveness required borrowers to demonstrate that funds were used for qualifying expenses and that they maintained employee headcount and compensation levels during the covered period.

Among the largest disclosed recipients in Albany were MENNONITE HOME OF ALBANY, INC. ($3,200,000), RENEW CONSULTING, INC. ($2,011,300), and PERLENFEIN INC ($1,920,300).

The most active industry sector in Albany was Accommodation and Food Services with 91 loans worth $9.8M, followed by Personal Care Services (60 loans).

Applicants in Albany reported retaining 14,723 jobs through the program. These figures are self-reported and were not independently verified by the SBA. The majority of loans in this city — those under $150,000 — have borrower names withheld under FOIA Exemption 6.

Albany is part of Oregon, which received a total of thousands of PPP loans during the program period. City-level data is based on the borrower's self-reported city name; some variation in spelling may cause minor undercounting. See the methodology page for more detail on data limitations.