APPLIED INDUSTRIAL COATINGS, LLC (OK) - 2020 PPP Loan Borrower Profile (# 6870987007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to APPLIED INDUSTRIAL COATINGS, LLC. 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

6870987007

SBA Office Code

0680

Processing Method

PPP

Curent Loan Amount

$457,370.3

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$461,715.32

Date Loan was Forgiven

Mar 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

45,737.03

Payroll Proced

365,896.24

Rent Proceed

45,737.03

Lender

Gulf Capital Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

332813

Borrower Location

OKLAHOMA CITY, OK

Project Location

OKLAHOMA CITY, OK

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.