ADEL R MALATI MD, INC (OK) - 2020 PPP Loan Borrower Profile (# 6701907102)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADEL R MALATI MD, INC. 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 Oklahoma.

Loan Detail

Loan Number

6701907102

SBA Office Code

0680

Processing Method

PPP

Curent Loan Amount

$86,700

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$87,212.97

Date Loan was Forgiven

Nov 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

526

Payroll Proced

75,013

Rent Proceed

3,956

Health Care Proceed

7,205

Lender

Patrons Bank National Association

Business Detail

Business Type

Corporation

NAICS

621111

Borrower Location

OKMULGEE, OK

Project Location

OKMULGEE, OK

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.