ALLEN BUCHANAN CONSTRUCTION (OK) - 2020 PPP Loan Borrower Profile (# 5237057304)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALLEN BUCHANAN CONSTRUCTION. 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

5237057304

SBA Office Code

0680

Processing Method

PPP

Curent Loan Amount

$25,400

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$25,539.18

Date Loan was Forgiven

Nov 17, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,500

Payroll Proced

19,050

Rent Proceed

850

Debt Interest Proceed

3,000

Lender

BancFirst

Business Detail

Business Type

Sole Proprietorship

NAICS

237110

Borrower Location

WELLSTON, OK

Project Location

WELLSTON, 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.