ALLEN WATER WELL DRILLING CO. (OK) - 2020 PPP Loan Borrower Profile (# 2252408510)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALLEN WATER WELL DRILLING CO.. 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

2252408510

SBA Office Code

0680

Processing Method

PPS

Curent Loan Amount

$42,017

Date Loan was Approved

Feb 20, 2021

Amount Forgiven

$42,218.92

Date Loan was Forgiven

Aug 19, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

42,017

Lender

Arvest Bank

Business Detail

Business Type

Corporation

NAICS

237110

Borrower Location

Norman, OK

Project Location

Norman, OK

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.