BAKER IMPLEMENT COMPANY (MO) - 2020 PPP Loan Borrower Profile (# 2039987100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BAKER IMPLEMENT COMPANY. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Missouri.

Loan Detail

Loan Number

2039987100

SBA Office Code

0768

Processing Method

PPP

Curent Loan Amount

$1,948,637.07

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$1,964,983.97

Date Loan was Forgiven

Feb 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

200,000

Payroll Proced

1,558,909.66

Debt Interest Proceed

189,727.41

Lender

Farmers Bank and Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

423820

Borrower Location

KENNETT, MO

Project Location

KENNETT, MO

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

145

Business Age Description

Existing or more than 2 years old

Data Source: SBA.