BAILEY LUMBER CO (OK) - 2020 PPP Loan Borrower Profile (# 5723507009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BAILEY LUMBER 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

5723507009

SBA Office Code

0680

Processing Method

PPP

Curent Loan Amount

$382,000

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$387,034.03

Date Loan was Forgiven

Aug 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

73,376

Payroll Proced

305,624

Rent Proceed

3,000

Lender

First United Bank and Trust Company

Business Detail

Business Type

Corporation

NAICS

444190

Borrower Location

BROKEN BOW, OK

Project Location

BROKEN BOW, 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.