BEASLEY ELECTRIC INC. (OK) - 2020 PPP Loan Borrower Profile (# 5056068903)

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

5056068903

SBA Office Code

0680

Processing Method

PPS

Curent Loan Amount

$39,745.87

Date Loan was Approved

Apr 29, 2021

Amount Forgiven

$40,013.05

Date Loan was Forgiven

Dec 29, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

39,740.87

Lender

Vision 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

Existing or more than 2 years old

Data Source: SBA.