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Inflation Woes: Did PPP loans $25,000 or under to ZIP Code 98663 businesses contribute to inflation?

Published 02/13/23

There were 220 small businesses in ZIP Code 98663 which received Paycheck Protection Loans (PPP) of $25,000 or under. These 220 businesses received $2,892,810 in total since the COVID-19 pandemic began.

Loans of $25,000 were provided to United Singh Family, Inc.

The average PPP loan to ZIP Code 98663 businesses was $11,712.

Loans are one of the biggest drivers of inflation, which is currently decimating the U.S. economy. With more money available to residents through the PPP, the purchasing power of that money is diminished, meaning it takes more money to buy the same amount of goods as before.

Economist Mickey D. Levy argued the PPP and many other assistance programs offered during the COVID-19 pandemic sparked the inflation seen in recent months by boosting the economy beyond what it could reasonably handle.

Roughly $800 billion was injected into the U.S. economy while interest rates were low, causing people to overextend themselves at the time to land in trouble in the future, he claimed.

A 2022 study found that the PPP spent between $169,000 and $258,000 to protect one job. With the average salary of a small-business worker being around $58,000, the study found the program overspent by roughly 75 percent.

ZIP Code 98663 Businesses Which Received PPP Loans $25,000 or Lower

Borrower NameDate ApprovedLoan AmountDifference From Average Loan Amount in ZIP Code
180 Bodyworks, LLC04/28/2020$6,500-$5,212
180 Bodyworks, LLC01/28/2021$5,591-$6,121
A Better Way Counseling Service04/28/2020$16,400$4,688
A Joyful Touch Massage, LLC08/07/2020$6,665-$5,047
A-Z Liquidators, LLC04/16/2020$17,472$5,760
Abel Acupuncture Clinic, Inc.04/13/2020$17,910$6,198
Abel Acupuncture Clinic, Inc.02/05/2021$17,846$6,134
Abel Cosentino05/01/2020$20,832$9,120
Aid Home Remodeling, Inc.03/13/2021$2,937-$8,775
Aim Deliver Produce, Inc.02/19/2021$12,290$578
All City Print, LLC04/28/2020$16,617$4,905
All City Print, LLC02/13/2021$17,042$5,330
Alltran Trucking, LLC04/28/2020$20,485$8,773
American Legion Smith Reynolds Post 1403/10/2021$12,808$1,096
Angel's Counseling Limited Liability Com05/01/2020$10,000-$1,712
Anjelika Layco05/16/2020$12,612$900
Anjelika Layco02/27/2021$12,765$1,053
Annie Ernst05/12/2021$5,832-$5,880
Apy, PC04/28/2020$24,375$12,663
AR Way Express, LLC08/07/2020$3,947-$7,765
Artwear04/15/2020$1,880-$9,832
Asajnai Gibson03/30/2021$6,875-$4,837
Ashley Farrar03/27/2021$3,464-$8,248
Ashley Mason03/26/2021$6,277-$5,435
At Vancouver Massage, LLC05/08/2020$3,422-$8,290
B2B Wholesale Services, LLC03/09/2021$9,652-$2,060
Balancing ACT Bookkeeping Services, LLC05/14/2020$11,283-$429
Banksford Bookkeeping03/26/2021$8,373-$3,339
Beracah Investment, LLC04/15/2020$21,757$10,045
Big Dawgz Deliveries, LLC05/20/2021$20,833$9,121
Birthright of Vancouver, U., S.A.06/12/2020$4,672-$7,040
Block and Olson Glass04/14/2020$20,029$8,317
Body Wellness, Inc.04/27/2020$4,850-$6,862
Brandon Fielding02/16/2021$20,832$9,120
Brandon Stephens03/23/2021$20,832$9,120
Brewer Construction, LLC07/27/2020$10,377-$1,335
Brian H. Wolfe, P.C.06/30/2020$19,210$7,498
Brian Wong06/16/2020$4,010-$7,702
Bryan Aulick03/10/2021$20,165$8,453
Bryan Aulick Photography08/07/2020$20,165$8,453
Busy B's Exteriorwood Construction, LLC04/28/2020$19,100$7,388
Butterfly Adventures Incorporated03/24/2021$8,562-$3,150
Charles B. Myer02/07/2021$12,834$1,122
Charles Carlson, 7 Trustee04/30/2020$6,600-$5,112
Christopher D. Smith03/25/2021$5,294-$6,418
City Commercial Group, LLC06/12/2020$5,500-$6,212
Clearstory Counseling04/30/2020$2,600-$9,112
Cobalt Designworks, LLC04/29/2020$12,500$788
Cohesive Massage Therapy, LLC05/01/2020$15,000$3,288
Comfortable Moving, LLC04/20/2021$9,195-$2,517
Computech Solutions, LLC04/30/2020$7,750-$3,962
Computech Solutions, LLC02/25/2021$6,000-$5,712
Connery MacRae03/28/2021$7,747-$3,965
Conscious Creation, LLC05/27/2020$5,491-$6,221
Cooper Warner06/17/2020$7,377-$4,335
Custom Closets, LLC05/07/2020$19,294$7,582
Cynthia Hoefling05/01/2020$1,080-$10,632
Daezha Fisher04/07/2021$20,832$9,120
Daniel Oberreuter05/01/2020$12,130$418
Daniel Oberreuter02/19/2021$12,278$566
David E. Watts06/26/2020$775-$10,937
David Michael Hathaway05/11/2020$5,637-$6,075
Davis Financial, LLC05/13/2020$18,900$7,188
Diana C. Tehrani, Attorney at Law, PLLC05/04/2020$13,464$1,752
DM3 Consulting, LLC02/09/2021$20,833$9,121
Dragonfly 360, Inc.04/27/2020$15,641$3,929
Dzemal Hakalovic03/25/2021$20,832$9,120
Education Productions, LLC07/15/2020$7,500-$4,212
Eells Editing, LLC07/31/2020$875-$10,837
Elvia Ramirez Hernandez05/26/2020$2,327-$9,385
Equine Veterinary Service05/01/2020$7,707-$4,005
Eric Ellerbe04/18/2021$6,463-$5,249
Eric R. Anderson, Licsw, P. S.08/03/2020$6,250-$5,462
EVS Properties, LLC04/28/2020$19,641$7,929
EVS Properties, LLC01/22/2021$18,942$7,230
Frontdoor Back, LLC04/11/2020$13,972$2,260
Gizmoslip, LLC05/01/2020$10,982-$730
Gold Therapeutics, LLC05/01/2020$9,471-$2,241
Good Health Natually, PLLC06/21/2020$12,127$415
Green Pro Landscape, LLC02/10/2021$21,038$9,326
H&a Business Solutions, LLC05/01/2020$19,320$7,608
Heather Pace Counseling, LLC07/21/2020$18,813$7,101
Heidy Portillo01/25/2021$18,415$6,703
Inder Pal Dhillon04/28/2021$20,833$9,121
International Basketball League06/29/2020$16,000$4,288
International Basketball League02/18/2021$16,076$4,364
Israel Anderson04/03/2021$20,833$9,121
J. Michael, Inc.05/08/2020$8,750-$2,962
J. Michael, Inc.02/27/2021$8,750-$2,962
Jamie Jong03/20/2021$6,224-$5,488
JCR Logistics, Inc.05/28/2021$6,375-$5,337
Jean Williams Insurance, Inc.05/01/2020$12,500$788
Jermaine Anderson05/20/2021$20,832$9,120
Jerold Arslanian03/10/2021$2,017-$9,695
Jessica Morris03/25/2021$6,492-$5,220
Jo Ann Erickson03/09/2021$2,291-$9,421
John King03/28/2021$12,500$788
Jon Fritzler03/23/2021$18,847$7,135
Jon Lyons06/09/2020$13,830$2,118
Joseph Forrester04/09/2021$20,833$9,121
Joseph Williamson08/06/2020$19,872$8,160
Joshua Deare05/01/2020$20,832$9,120
Joshua Deare02/22/2021$21,965$10,253
Julie Mccoy Cox Wellness06/02/2020$2,912-$8,800
Julio Alberto Rosales04/14/2021$12,000$288
K. Dulemba05/01/2020$16,783$5,071
Kaila Olson05/05/2021$10,547-$1,165
Kathryn Dulemba01/27/2021$16,782$5,070
Katya Savory05/02/2020$1,030-$10,682
Keisha Harden04/21/2021$14,322$2,610
Kimberly Adams06/23/2020$9,557-$2,155
Kimberly Adams03/24/2021$10,895-$817
KMB Bodyworks, LLC05/01/2020$3,214-$8,498
Kris Brown06/05/2020$3,755-$7,957
Kris Brown04/26/2021$7,040-$4,672
Landis Brothers Construction04/14/2020$6,250-$5,462
Law Office of Jon M Fritzler04/28/2020$9,373-$2,339
Law Office of Joshua Pops, P.LLC05/03/2020$12,000$288
Law Office of Joshua Pops, PLLC02/10/2021$12,000$288
Lencol Meteyer06/16/2020$6,301-$5,411
Lencol Meteyer01/17/2021$7,300-$4,412
Leonid Vergulyanets02/02/2021$9,250-$2,462
Leslie K Martinez04/30/2020$1,360-$10,352
Leslie Martinez05/27/2021$7,558-$4,154
Lewis Health Services, Inc.07/31/2020$12,500$788
Lewis Health Services, Inc.04/30/2021$6,250-$5,462
LRP Creative Solutions, LLC02/23/2021$20,833$9,121
Mainstreet Consignment, LLC05/05/2020$5,753-$5,959
Mainstreet Consignment, LLC03/20/2021$5,752-$5,960
Maksim Vasilchenko07/20/2020$3,920-$7,792
Mallory Leasure03/25/2021$16,118$4,406
Margaret Beckhoff03/23/2021$4,762-$6,950
Maria Mendoza04/15/2021$9,943-$1,769
Mark Guinto Bautista05/04/2020$9,133-$2,579
Mark Jason Bautista03/20/2021$9,132-$2,580
Matthew Jensen Design, Inc.07/14/2020$3,000-$8,712
Metscher Worldwide05/08/2020$15,159$3,447
Michael Conway05/01/2020$9,709-$2,003
Michael Lawhern02/11/2021$4,455-$7,257
Michael Sage04/29/2021$20,830$9,118
Michael Thomas Ireland04/15/2020$20,832$9,120
Mike & Irma's the ART of Hair, LLC05/04/2020$19,457$7,745
Milesnick Law, PC04/14/2020$15,207$3,495
Millennium Construction Services, LLC03/06/2021$13,737$2,025
Mint Beauty PNW05/06/2020$7,683-$4,029
Miranda Mueller04/15/2020$6,200-$5,512
Montecucco & Milesnick, LLC05/01/2020$9,993-$1,719
MOORE05/01/2020$12,000$288
Mts-Trucking, LLC05/28/2020$8,750-$2,962
Mts-Trucking, LLC01/29/2021$8,750-$2,962
Nancy Thorn, Inc.03/25/2021$18,662$6,950
Nathan Zinn03/04/2021$14,920$3,208
Nature+play Designs06/26/2020$12,544$832
New Agenda Limited05/26/2020$5,110-$6,602
New Agenda Limited02/26/2021$5,110-$6,602
Nick Bianchi01/30/2021$3,784-$7,928
Northwest Rock Academy04/30/2020$3,940-$7,772
Not Too Shabby, Inc.04/16/2020$14,872$3,160
Nuhealth Clinic, Inc.04/28/2020$18,771$7,059
NW Valuation Group05/01/2020$19,619$7,907
Ondrey Mitchell05/13/2021$2,490-$9,222
OSMS, LLC04/14/2020$10,764-$948
P3 Insurance Agency, LLC04/15/2020$7,150-$4,562
Pace Performance Training, LLC05/15/2020$9,707-$2,005
Pacnorth Investment, CORP06/30/2020$13,112$1,400
Pacnorth Investment, CORP03/03/2021$12,900$1,188
Pamar Systems, Inc.05/05/2020$14,600$2,888
Pamar Systems, Inc.02/13/2021$13,958$2,246
Paola Garibay Jimenez04/30/2020$3,938-$7,774
Paola Garibay Jimenez02/27/2021$5,580-$6,132
Paul's Motor, Inc.04/29/2020$7,600-$4,112
Payne Law Offices, PLLC05/04/2020$16,200$4,488
Pearl Electric, LLC04/29/2021$23,556$11,844
Peter Radtke04/28/2021$3,806-$7,906
Pillar Acupuncture, LLC05/01/2020$2,590-$9,122
Pinnacle Creekside Suites06/22/2020$2,263-$9,449
Pinnacle Womens Therapeutics, LLC04/28/2020$2,765-$8,947
PNW Web, LLC05/01/2020$10,052-$1,660
Prairie Homes, LLC04/27/2020$18,913$7,201
Prairie Homes, LLC03/02/2021$18,913$7,201
Provision Investments, Inc.03/31/2021$17,941$6,229
Punk's Automotive and Exhaust, LLC04/13/2020$19,613$7,901
Ray Burnham, LLC05/16/2020$10,801-$911
Ricardo Mendoza03/23/2021$9,943-$1,769
Riverside Appraisal, LLC03/20/2021$7,500-$4,212
RMI Solutions, LLC04/28/2020$11,200-$512
RMI Solutions, LLC02/24/2021$7,583-$4,129
Robert Lawson06/15/2020$5,000-$6,712
Robert Vincent Ireland04/16/2020$20,800$9,088
Rock Star Transport, LLC06/26/2020$10,000-$1,712
Rock Star Transport, LLC03/27/2021$10,000-$1,712
Romano Real Estate, LLC08/05/2020$8,332-$3,380
Romualdo Najera DE Almonte05/12/2021$20,833$9,121
Ryan Carrillo03/20/2021$20,833$9,121
Ryan Carrillo05/07/2021$20,833$9,121
Salmon Creek Bowling Products02/12/2021$12,699$987
Salmon Creek Bowling Products, Inc.04/28/2020$13,242$1,530
Salmon Creek Clinic05/13/2020$19,879$8,167
Sandhu & Supra, Inc.04/13/2020$24,300$12,588
Sarah Trent03/23/2021$2,083-$9,629
Sean Smith05/29/2021$20,833$9,121
Sharon Winkler Licsw04/30/2020$14,675$2,963
SKY Is Falling, LLC05/25/2020$9,207-$2,505
Snelling Private Investigators06/25/2020$4,365-$7,347
Specialized Staffing Resource, LLC04/27/2020$22,795$11,083
Specialized Staffing Resource, LLC02/06/2021$19,035$7,323
Stacy L Ellis, Psyd, LLC06/03/2020$8,750-$2,962
Steve Strouhal04/20/2021$1,780-$9,932
Suportland, LLC02/16/2021$6,915-$4,797
Susan Mccarthy Lac, LLC04/29/2020$16,468$4,756
Susan Mccarthy Lacllc01/21/2021$20,742$9,030
SW Washington Real Estate, Inc.05/01/2020$12,200$488
Tara Hambleton03/15/2021$18,926$7,214
Technoloft, Inc.04/27/2020$20,961$9,249
Technoloft, Inc.01/30/2021$20,833$9,121
The American Legion Smith-Reynolds Post No. 1404/28/2020$6,900-$4,812
The Breathing Room04/15/2020$3,900-$7,812
The Epik Project05/08/2020$21,375$9,663
The Law Office of Nicholas Wood P. S.01/27/2021$20,442$8,730
The Law Office of Nicholas Wood, P. S04/15/2020$19,074$7,362
The Omega Financial04/30/2020$1,589-$10,123
Thorsvik Industries, LLC03/26/2021$21,286$9,574
Thrift Brewing, LLC05/03/2020$6,000-$5,712
Thrift Brewing, LLC01/25/2021$2,999-$8,713
Tia Cunningham05/23/2021$6,463-$5,249
Tice Tax Services, Inc.03/27/2021$8,255-$3,457
Tiffini Blaylock-Smith03/24/2021$13,125$1,413
Tim Roush05/22/2021$8,790-$2,922
Timothy Doud02/20/2021$5,845-$5,867
Tk's Auto Repair, LLC07/15/2020$9,235-$2,477
Trisha Jones04/02/2021$13,330$1,618
Trotter Cagle05/29/2021$20,833$9,121
Underbar, LLC05/03/2020$7,836-$3,876
United Singh Family, Inc.03/10/2021$25,000$13,288
Vancouver Barber Company04/30/2020$3,125-$8,587
Vancouver United Pentecostal Church04/10/2020$17,800$6,088
Vanport Property Inspection, LLC02/14/2021$2,187-$9,525
Vanwa Legal, PLLC04/28/2020$20,800$9,088
Vast, Inc.03/27/2021$6,250-$5,462
Way Enterprises, LLC04/24/2021$20,833$9,121
West Delta Properties, LLC06/09/2020$5,125-$6,587
Western Dental Company07/13/2020$12,800$1,088
William Stewart03/15/2021$9,060-$2,652
Wolf Enterprises, LLC04/28/2020$4,100-$7,612
Xpress Legal Support, LLC05/11/2020$13,506$1,794
Yolanda Meyle04/11/2021$10,572-$1,140
Yolanda Meyle Lmp03/15/2021$10,574-$1,138

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