ADVANCE RESEARCH CHEMICALS (OK) - 2020 PPP Loan Borrower Profile (# 4874757104)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCE RESEARCH CHEMICALS. 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

4874757104

SBA Office Code

0680

Processing Method

PPP

Curent Loan Amount

$1,677,500

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$1,687,984.38

Date Loan was Forgiven

Dec 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

272,867

Payroll Proced

1,258,100

Rent Proceed

15,571

Health Care Proceed

130,962

Lender

Mabrey Bank

Business Detail

Business Type

Corporation

NAICS

325199

Borrower Location

CATOOSA, OK

Project Location

CATOOSA, OK

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

120

Business Age Description

Existing or more than 2 years old

Data Source: SBA.