There were 59 PPP loans issued in Washington during the week ending July 5. The average loan size in the state was between $150,000 to 350,000.
There are approximately five million approved PPP loans with a total of $517,451,965,102 set aside for funding, according to the Small Business Administration. The average loan size was around $105,000 with over 5,000 lenders currently participating in the program.
The program was slow to get off the ground when it was crushed by an onslaught of would-be applicants. Another major criticism of the program pertained to who was receiving the loans. A program that was meant for small businesses witnessed the Los Angeles Lakers receive $4.6 million from the program. The Lakers qualified for the program under the rules as written but returned the funds according to a Laker’s statement provided to news outlets.
Recipients | Date Received | Dollar Amount Received |
---|---|---|
Tulalip Resort Casino | 2020-06-29 | $2-5 million |
Is Vessel Company, Inc. | 2020-06-29 | $1-2 million |
Enjack, Inc. | 2020-06-29 | $350,000-1 million |
Lynx Consulting, Inc. | 2020-06-29 | $350,000-1 million |
Penhollow's Markets Store 193, L.L.C. | 2020-06-29 | $350,000-1 million |
Salish Networks, Inc. | 2020-06-29 | $350,000-1 million |
Signal Hill Telecom Services U. S. , Inc. | 2020-06-29 | $350,000-1 million |
The Consolidated Borough of Quil Ceda Village | 2020-06-29 | $350,000-1 million |
Tulalip Gaming Organization | 2020-06-29 | $350,000-1 million |
Tulalip Tribes of Washington | 2020-06-29 | $350,000-1 million |
Awakenings, Inc. | 2020-06-29 | $150,000-350,000 |
Capitol Key Corporation | 2020-06-29 | $150,000-350,000 |
Japanese Business Association of Seattle | 2020-06-29 | $150,000-350,000 |
K. H. Colburn, Inc. | 2020-06-29 | $150,000-350,000 |
Komposite Corporation | 2020-06-29 | $150,000-350,000 |
Lianga-Pacific, Inc. | 2020-06-29 | $150,000-350,000 |
Morrier Hotel, LLC | 2020-06-29 | $150,000-350,000 |
Pacific Rim CR, LLC | 2020-06-29 | $150,000-350,000 |
Pullman Disposal Service, Inc. | 2020-06-29 | $150,000-350,000 |
Rochester Farms, LLC | 2020-06-29 | $150,000-350,000 |
Shiflett's, Inc. | 2020-06-29 | $150,000-350,000 |
TMC Unlimited Corporation | 2020-06-29 | $150,000-350,000 |
Tulalip Pharmacy Corporation | 2020-06-29 | $150,000-350,000 |
Turgeon-Raine Jewellers, Inc. | 2020-06-29 | $150,000-350,000 |
Kirby Electric, Inc. | 2020-06-30 | $2-5 million |
M&L Contractor, LLC | 2020-06-30 | $2-5 million |
AAA Kartak Company | 2020-06-30 | $1-2 million |
Dona Martita, LLC | 2020-06-30 | $1-2 million |
Washington Center for Comprehensive Rehabilitation | 2020-06-30 | $1-2 million |
Alegria & Company PS | 2020-06-30 | $350,000-1 million |
Integrated Concrete Systems, Inc. | 2020-06-30 | $350,000-1 million |
Sequim Lodging Corporation | 2020-06-30 | $350,000-1 million |
Sunheaven Farms, LLC | 2020-06-30 | $350,000-1 million |
Aerospace Precision, Inc. | 2020-06-30 | $150,000-350,000 |
Beemer & Mumma PS | 2020-06-30 | $150,000-350,000 |
Bruner Painting, Inc. | 2020-06-30 | $150,000-350,000 |
Clark Farms LP | 2020-06-30 | $150,000-350,000 |
Clearcreek Contractors, Inc. | 2020-06-30 | $150,000-350,000 |
Dentistry for Children, LLC | 2020-06-30 | $150,000-350,000 |
Eric S Smith Inc. PS, M.D. | 2020-06-30 | $150,000-350,000 |
F/V Kona Rose, Inc. | 2020-06-30 | $150,000-350,000 |
First and Virginia, LLC | 2020-06-30 | $150,000-350,000 |
Golob Farms, LLC | 2020-06-30 | $150,000-350,000 |
HSP Investments I, LLC | 2020-06-30 | $150,000-350,000 |
J. E. Pelland Construction, Inc. | 2020-06-30 | $150,000-350,000 |
Jack a. Birnbaum, M.D. | 2020-06-30 | $150,000-350,000 |
LA Barata | 2020-06-30 | $150,000-350,000 |
Lincoln Moving & Storage Company, Inc. | 2020-06-30 | $150,000-350,000 |
Lotioncrafter, LLC | 2020-06-30 | $150,000-350,000 |
Maritime Pacific Brewing Company | 2020-06-30 | $150,000-350,000 |
Mark Early Learning Centers, LLC | 2020-06-30 | $150,000-350,000 |
Mark Early Learning Centers, LLC | 2020-06-30 | $150,000-350,000 |
Northwest Construction Control, Inc. | 2020-06-30 | $150,000-350,000 |
Phytec America, LLC | 2020-06-30 | $150,000-350,000 |
R Munn Farms, LLC | 2020-06-30 | $150,000-350,000 |
Santa Fe Mexican Grill, Inc. | 2020-06-30 | $150,000-350,000 |
Skylake, LLC | 2020-06-30 | $150,000-350,000 |
T Spa Nails | 2020-06-30 | $150,000-350,000 |
Three S, Inc. | 2020-06-30 | $150,000-350,000 |