BOBBY MAYFIELD WELDING (OK) - 2020 PPP Loan Borrower Profile (# 4682168008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BOBBY MAYFIELD WELDING. 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

4682168008

SBA Office Code

0680

Processing Method

PPP

Curent Loan Amount

$5,400

Date Loan was Approved

Jun 26, 2020

Amount Forgiven

$5,434.8

Date Loan was Forgiven

Feb 17, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

500

Payroll Proced

4,058

Mortgage Interest Proceed

842

Lender

Bank of Hydro

Business Detail

Business Type

Sole Proprietorship

NAICS

811310

Borrower Location

ELK CITY, OK

Project Location

ELK CITY, 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.