ALBERT BROTHERS DISTRIBUTORS, INC (OK) - 2020 PPP Loan Borrower Profile (# 6795397006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALBERT BROTHERS DISTRIBUTORS, 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

6795397006

SBA Office Code

0680

Processing Method

PPP

Curent Loan Amount

$75,147

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$75,718.95

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

64,297

Health Care Proceed

10,850

Lender

Great Plains National Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

448190

Borrower Location

ELK CITY, OK

Project Location

ELK CITY, 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.