BEARINGS AND ALLIED SUPPLY CO. INC (OK) - 2020 PPP Loan Borrower Profile (# 2709658309)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BEARINGS AND ALLIED SUPPLY CO. 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
2709658309
SBA Office Code
0680
Processing Method
PPS
Curent Loan Amount
$84,400
Date Loan was Approved
Jan 21, 2021
Amount Forgiven
$84,800.9
Date Loan was Forgiven
Jul 13, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
84,397
Lender
Panhandle First Bank

Business Detail

Business Type
Subchapter S Corporation
NAICS
423840
Borrower Location
Guymon, OK
Project Location
Guymon, OK
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
7
Business Age Description
Existing or more than 2 years old
Data Source: SBA.