BOBBY LEE LOFTIS REV TRUST (OK) - 2020 PPP Loan Borrower Profile (# 4389747304)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BOBBY LEE LOFTIS REV TRUST. 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

4389747304

SBA Office Code

0680

Processing Method

PPP

Curent Loan Amount

$300,000

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$302,791.67

Date Loan was Forgiven

Mar 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

300,000

Lender

Security State Bank of Oklahoma

Business Detail

Business Type

Trust

NAICS

442110

Borrower Location

HOLDENVILLE, OK

Project Location

HOLDENVILLE, OK

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.