BLUE ARC METAL SPECIALITIES, INC (OK) - 2020 PPP Loan Borrower Profile (# 3576437306)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BLUE ARC METAL SPECIALITIES, 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

3576437306

SBA Office Code

0680

Processing Method

PPP

Curent Loan Amount

$142,000

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$143,412.22

Date Loan was Forgiven

Apr 28, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,696

Payroll Proced

106,500

Rent Proceed

23,080

Health Care Proceed

10,724

Lender

BancFirst

Business Detail

Business Type

Corporation

NAICS

332313

Borrower Location

CLAREMORE, OK

Project Location

CLAREMORE, 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.