Spokane valley, WA — PPP Loan Data

2,178 loans · $248.6M total · 96.8% forgiven

Total Loans
2,178
Total Approved
$248.6M
Avg $114,159/loan
Loans Forgiven
2,108
96.8% forgiveness rate
Amount Forgiven
$245.7M
Jobs Reported
25,770

Spokane valley, Washington received 2,178 Paycheck Protection Program loans totaling $248.6M. The average loan in the city was $114,159 — above the national program average of approximately $67,000.

96.8% of loans in Spokane valley — totaling $245.7M — 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 Spokane valley were N. A. DEGERSTROM, INC ($8,934,200), WAGSTAFF, INC. ($8,792,800), and LYDIG CONSTRUCTION INC ($6,925,100).

The most active industry sector in Spokane valley was Personal Care Services with 120 loans worth $2.2M, followed by Accommodation and Food Services (112 loans).

Applicants in Spokane valley reported retaining 25,770 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.

Spokane valley is part of Washington, 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 Spokane valley

IndustryLoansTotal ApprovedForgiveness Rate
Personal Care ServicesNAICS 8121120$2.2M95.8%
Accommodation and Food ServicesNAICS 7225112$14.4M98.2%
Services to Buildings and DwellingsNAICS 561782$5.3M93.9%
Residential Building ConstructionNAICS 236181$3.7M93.8%
Building Finishing ContractorsNAICS 238374$6.2M95.9%
Automotive Repair and MaintenanceNAICS 811172$3.7M98.6%
Offices of Other Health PractitionersNAICS 621366$4.3M100.0%
Offices of DentistsNAICS 621257$6.2M100.0%
Foundation, Structure, and Building Exterior ContractorsNAICS 238152$8.1M98.1%
General Freight TruckingNAICS 484151$1.2M98.0%

Largest Named Recipients in Spokane valley

Only loans ≥ $150,000 have publicly disclosed borrower names.

BorrowerIndustryAmountForgiven?
N. A. DEGERSTROM, INCMetal Ore Mining$8,934,200Yes
WAGSTAFF, INC.Manufacturing$8,792,800Yes
LYDIG CONSTRUCTION INCNonresidential Building Construction$6,925,100Yes
INCYTE PATHOLOGY PSMedical and Diagnostic Laboratories$5,110,500Yes
HEALTHCARE RESOURCE GROUP, INC.Accounting, Tax Preparation, Bookkeeping, and Payroll Services$4,947,168Yes
CANCER CARE NORTHWEST CENTERS PSOffices of Physicians$3,643,700Yes
SPOKANE INDUSTRIES, INC.Manufacturing$2,371,500Yes
AMERICAN DRILLING CORP, LLCMining, Quarrying, and Oil and Gas Extraction$2,202,700Yes
SERVATRON, INC.Manufacturing$2,101,500Yes
MACKAY MANUFACTURING INCManufacturing$2,076,200No
ASC MACHINE TOOLS, INC.Manufacturing$2,029,600Yes
AMERICAN IRONWORKS AND ERECTORS INC.Other Specialty Trade Contractors$2,004,400Yes
AMERICAN DRILLING CORP LLCMining, Quarrying, and Oil and Gas Extraction$2,000,000Yes
KRUEGER SHEET METAL COFoundation, Structure, and Building Exterior Contractors$2,000,000Yes
SPOKANE INDUSTRIES INC.Manufacturing$2,000,000Yes
ASC MACHINE TOOLS INCManufacturing$1,999,900Yes
SPALDINGS INCAutomotive Parts, Accessories, and Tire Retailers$1,843,700Yes
STERLING INTERNATIONAL INCManufacturing$1,826,590Yes
WALKERS FURNITURE INCHome Furnishings Retailers$1,750,000Yes
ALSAKER CORPORATIONGasoline Stations and Fuel Dealers$1,595,292Yes
MODERN DRY WALL INCBuilding Finishing Contractors$1,580,900Yes
WALKER'S FURNITURE, INC.Furniture Retailers$1,500,000Yes
J & D RESTAURANTS INC.Accommodation and Food Services$1,370,000Yes
SPOKANE HOSPITALITY LLCTraveler Accommodation$1,358,876Yes
M & G INVESTMENTS, INCAutomobile Dealers$1,337,597Yes

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