BEASLEY ELECTRIC INC (OK) - 2020 PPP Loan Borrower Profile (# 2072127200)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BEASLEY ELECTRIC 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

2072127200

SBA Office Code

0680

Processing Method

PPP

Curent Loan Amount

$41,400

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$41,712.8

Date Loan was Forgiven

Jan 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

41,400

Lender

Simmons Bank

Business Detail

Business Type

Corporation

NAICS

238210

Borrower Location

DAVIS, OK

Project Location

DAVIS, OK

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.