Quarryfield Capital Group, a small-business funding broker in Hillsboro, Oregon, works with owners in Forest Grove, OR, 5.9 miles west in Washington County, Oregon. In 2023 the Census counted 549 employers with a ZIP 97116 address. Quarryfield explains six funding options and routes requests to lending partners, who make credit decisions and set rates and terms.
| County | Washington County, Oregon |
|---|---|
| Distance from Hillsboro, OR | 5.9 miles west |
| ZIP 97116 employers | 549 (ZBP 2023) |
| ZIP 97116 employees | 7,777 (ZBP 2023) |
| Share of ZIP 97116 employers below five people | 58.3% |
| Portion of ZIP 97116 land inside Forest Grove, OR | 7.1% |
Forest Grove, OR and its ZIP 97116 employer base
For 2023, ZIP Code Business Patterns records 549 employers in ZIP 97116 paying 7,777 workers about $332.2 million; 58.3% of those employers had a payroll of four or fewer.
Forest Grove lies entirely within ZIP 97116 but covers only 7.1% of its land, so the ZIP counts include businesses in the surrounding area.
A mixed business base in ZIP 97116
| Sector | Establishments | Share under 5 employees |
|---|---|---|
| Construction | 92 | 72.8% |
| Health Care and Social Assistance | 65 | 47.7% |
| Accommodation and Food Services | 60 | 30.0% |
| Other Services | 55 | 61.8% |
| Retail Trade | 50 | 44.0% |
All four confirmed partner sectors appear near the top. Restaurants here skew larger than the ZIP average, with only 30.0% under five employees, so wage gaps and kitchen equipment tend to be bigger requests.
Forest Grove, OR owner-operators in the survey
In the 2020-2024 American Community Survey, 7.6% (+/- 2.1) of Forest Grove's employed residents were self-employed: 3.0% in incorporated businesses and 4.7% in unincorporated ones.
Headcount and pay per worker, ZIP 97116
Dividing the Census counts gives a rough sense of scale: ZIP 97116's 549 employer establishments averaged about 14.2 employees each in 2023, and annual payroll averaged about $42,700 per employee (our arithmetic from ZIP Code Business Patterns 2023). Across Washington County, OR the same arithmetic gives about 18.8 employees per establishment and about $87,500 in payroll per employee.
Restaurants and clinics employ more people per location than contractors do, which lifts headcount while keeping average pay modest. Payroll is therefore the biggest recurring cost to plan around.
Licensing with the City of Forest Grove, OR
"Forest Grove Oregon business license" is a common search. Forest Grove sets its own licensing rules, separate from Hillsboro's, and partners may ask about them.
We work with Forest Grove owners by phone and online from 118 SE 2nd Ave. County figures and local contacts are on our Hillsboro, OR page, and the other towns we serve are listed on the service areas page.
Forest Grove, OR businesses we help
Our lending partners have confirmed they fund contractors and construction trades, restaurants and food service, medical and dental practices and retailers and wholesalers that carry stock, and Quarryfield Capital Group works with businesses like these in Forest Grove, OR. Each partner still decides case by case.
What to gather before you call
- Business checking statements covering roughly the last quarter or two
- Last year's filed tax return for the business
- Current financial statements: profit and loss plus a balance sheet
- Your articles of organization or incorporation and the EIN letter
- A simple schedule of current business debt and monthly payments
- A written quote or invoice if the money is for equipment
No two partners ask for exactly the same file, so use this as a checklist rather than a rule.
What happens after you reach out
- It starts with a call to (503) 862-0920 or the short contact form. On the phone we cover the purpose of the funds, time in business and approximate monthly revenue.
- You hear which options match the need and what a partner will likely want to review. We submit nothing without your approval.
- With your permission, we take the request to lending partners that offer that kind of funding. Each partner reviews it and makes its own credit decision.
- When an offer arrives, weigh its full cost, how payments are scheduled and the conditions. Accepting is entirely your choice.
Our address: 118 SE 2nd Ave, Hillsboro, OR 97123.
By Quarryfield Capital Group · Updated