ARCTIC SALES AND LEASING, INC (OK) - 2020 PPP Loan Borrower Profile (# 6568227001)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARCTIC SALES AND LEASING, 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

6568227001

SBA Office Code

0680

Processing Method

PPP

Curent Loan Amount

$56,700

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$57,055.95

Date Loan was Forgiven

Nov 27, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

700

Payroll Proced

42,600

Rent Proceed

2,300

Health Care Proceed

11,100

Lender

Mabrey Bank

Business Detail

Business Type

Corporation

NAICS

423730

Borrower Location

TULSA, OK

Project Location

TULSA, OK

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.