BEST OILFIELD SERVICE, INC (OK) - 2020 PPP Loan Borrower Profile (# 1387227108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BEST OILFIELD SERVICE, 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

1387227108

SBA Office Code

0680

Processing Method

PPP

Curent Loan Amount

$636,700

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$642,501.04

Date Loan was Forgiven

Mar 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

586,700

Health Care Proceed

50,000

Lender

Great Plains National Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

213112

Borrower Location

EL RENO, OK

Project Location

EL RENO, 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.