PPP Loan Data — Cascade Energy, Inc., Portland, OR
Cascade Energy, Inc.
Entity: Subchapter S Corporation
Location: Portland, ORTweet This • Search All PPP Data
Cascade Energy, Inc. is a subchapter s corporation located at 123 Ne 3rd Ave in Portland, Oregon that received a Coronavirus-related PPP loan from the SBA of $3,309,427.00 in April, 2020.
$ PPP Loan Information
Lender:BAKER BOYER NATIONAL BANK
Cascade Energy, Inc. in Portland, OR received a Paycheck Protection Loan of $3.31M through BAKER BOYER NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Cascade Energy, Inc.'s total 2019 payroll expenses were approximately $15.89M in order to qualify for the PPP loan amount received.
Based on their reported 169 jobs retained, this equals an estimated average yearly compensation of $93,996 per employee1.
Business Information - Cascade Energy, Inc. in Portland, OR
123 Ne 3rd Ave
Portland, OR 97232
Other Scientific and Technical Consulting Services (NAICS code 541690)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OR-03
Similar Companies near Portland
In the Portland area, 8 businesses in the "Other Scientific and Technical Consulting Services" industry received a PPP loan. These local businesses reported an average of 25 employees (compared to this company's 169) and received an average PPP loan of $488,536 (compared to this company's $3.31M).
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Industry PPP Comparison Statistics
Nationwide, 14,293 businesses in the "Other Scientific and Technical Consulting Services" industry received a total of $1,499,073,773.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 7 employees, 96% lower than Cascade Energy, Inc.'s reported 169 employees, and received an average PPP loan of $104,882, 97% lower than this company's loan of $3.31M.
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