BILLY RAYS INC (OK) - 2020 PPP Loan Borrower Profile (# 6216247210)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BILLY RAYS 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

6216247210

SBA Office Code

0680

Processing Method

PPP

Curent Loan Amount

$40,772

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$41,087.98

Date Loan was Forgiven

Feb 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

200

Payroll Proced

39,363

Rent Proceed

1,209

Lender

The Central Trust Bank

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

BROKEN ARROW, OK

Project Location

BROKEN ARROW, 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.