Lake oswego, OR — PPP Loan Data

Lake oswego, Oregon received 2,382 Paycheck Protection Program loans totaling $203.4M. The average loan in the city was $85,372 — above the national program average of approximately $67,000.

97.7% of loans in Lake oswego — totaling $196.3M — 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 Lake oswego were ACME CONSTRUCTION SUPPLY CO., INC. ($5,734,298), ANTHEM MEMORY CARE LLC ($4,361,042), and MARY'S WOODS AT MARYLHURST, INC. ($3,278,085).

The most active industry sector in Lake oswego was Accommodation and Food Services with 140 loans worth $18.7M, followed by Legal Services (125 loans).

Applicants in Lake oswego reported retaining 20,252 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.

Lake oswego 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.