Corvallis, OR — PPP Loan Data
1,513 loans · $126.6M total · 98.1% forgiven
Corvallis, Oregon received 1,513 Paycheck Protection Program loans totaling $126.6M. The average loan in the city was $83,695 — above the national program average of approximately $67,000.
98.1% of loans in Corvallis — totaling $126.4M — 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 Corvallis were THE CORVALLIS CLINIC, P.C. ($8,798,000), GERDING COMPANIES, INC. ($3,300,000), and STAHLBUSH ISLAND FARMS, INC. ($2,945,000).
The most active industry sector in Corvallis was Accommodation and Food Services with 134 loans worth $13.1M, followed by Personal Care Services (69 loans).
Applicants in Corvallis reported retaining 15,215 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.
Corvallis 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.
Top Industries in Corvallis
| Industry | Loans | Total Approved | Forgiveness Rate |
|---|---|---|---|
| Accommodation and Food ServicesNAICS 7225 | 134 | $13.1M | 97.0% |
| Personal Care ServicesNAICS 8121 | 69 | $1.6M | 97.1% |
| Offices of Other Health PractitionersNAICS 6213 | 67 | $3.3M | 97.0% |
| Offices of PhysiciansNAICS 6211 | 51 | $15.0M | 100.0% |
| Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 42 | $1.6M | 95.2% |
| Other Amusement and Recreation IndustriesNAICS 7139 | 40 | $2.2M | 100.0% |
| Offices of Real Estate Agents and BrokersNAICS 5312 | 40 | $1.2M | 97.5% |
| Residential Building ConstructionNAICS 2361 | 40 | $2.3M | 97.5% |
| Offices of DentistsNAICS 6212 | 37 | $3.9M | 100.0% |
| Other Professional, Scientific, and Technical ServicesNAICS 5419 | 35 | $1.9M | 97.1% |
Largest Named Recipients in Corvallis
Only loans ≥ $150,000 have publicly disclosed borrower names.