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Sunday, September 22, 2024

PPP loans: 32 loans in 2020 in ZIP Code 73859

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There were 32 PPP loans provided to small businesses in 2020 in ZIP Code 73859, according to the US Small Business Administration.

The Paycheck Protection Program (PPP) provided loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors and self-employed individuals could qualify for these loans, according to Harvard Business School.

A report on the program analyzed by the Peter G. Peterson Foundation found the “distribution of loans across sectors didn’t mirror the distribution of job losses.” It showed restaurants and food service businesses did not receive many loans, despite suffering the highest level of job losses.

A preliminary analysis from the National Bureau of Economic Research suggests the areas most affected by economic disruption did not receive the most loans.

The Paycheck Protection Program ended on May 31, 2021. Existing borrowers may be eligible for loan forgiveness at the discretion of the lender.

PPP loans distributed in 2020 in ZIP Code 73859

Name of BorrowerCurrent Approved Amount
Town of Vici Nursing Home$395,857
Key Welding, Inc.$75,600
Farmers Cooperative Association of Vici$71,400
Shaw Funeral Home, Inc.$48,100
5K Construction, LLC$45,600
Eric's Auto Repair$33,900
D & B Insurance, LLC$29,324
B-Mart Corporation$24,375
Phillipmcgaha$24,285
Longstops, LLC$23,000
Horizon Net, LLC$21,810
Sooner Power Partnership$20,833
Josephjennings$20,833
Buckhutchens$20,666
Shawn Allen$19,041
Randycastor$18,547
Autoworx Unlimited, LLC$17,100
County Line Supply$16,595
For the Children Food Program, Inc.$14,206
Micks Body Works & Glass$11,600
Woodward Monument Company, LLC$10,800
Woodward Monument Company, LLC$10,500
Rogue Energy Services, LLC$10,200
Marionpickering$9,689
Vici Auto & Tire Services, LLC$8,029
Shannonmccracken$7,192
Scissortails Eats, LLC$6,642
Cody Keeton$5,700
Larry White$5,400
Adams Electric, LLC$3,600
John Salisbury$1,700
Top Hand Mobile Home Movers, LLC$1,354

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