BEARWOOD CONCEPTS, INC. (OK) - 2020 PPP Loan Borrower Profile (# 2545077101)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BEARWOOD CONCEPTS, 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

2545077101

SBA Office Code

0680

Processing Method

PPP

Curent Loan Amount

$633,100

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$637,365.74

Date Loan was Forgiven

Feb 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

21,000

Payroll Proced

483,675

Rent Proceed

70,000

Health Care Proceed

48,000

Debt Interest Proceed

10,425

Lender

BancFirst

Business Detail

Business Type

Corporation

NAICS

337215

Borrower Location

TULSA, OK

Project Location

TULSA, OK

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.