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Credit union memberships grow in Spokane County > Spokane Journal of Business

Credit union memberships grow in Spokane County > Spokane Journal of Business
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Spokane-area businesses received $756M in PPP loans > Spokane Journal of Business

Lenders: Most borrowers haven’t yet submitted loan-forgiveness requests
More than $786 million went to 6,755 businesses in Spokane County through the federal Paycheck Protection Program, according to detailed data released earlier this month by the U.S. Small Business Administration.
The disclosure comes after several lawsuits sought to gain more detailed information about how much money went to which businesses. In November, a federal judge ordered the Small Business Administration to release detailed information about the program, including names of recipients and precise loan amounts, by Dec. 1.
The largest loan in Spokane County went to Spokane Valley-based general contractor N.A. Degerstrom Inc., which received $8.9 million in April. The average loan to a Spokane County business was about $116,000. ....

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