PPP loans: 16 loans in 2020 in ZIP Code 73560

PPP loans: 16 loans in 2020 in ZIP Code 73560
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There were 16 PPP loans provided to small businesses in 2020 in ZIP Code 73560, according to the US Small Business Administration.

The Paycheck Protection Program (PPP) provided loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors and self-employed individuals could qualify for these loans, according to Harvard Business School.

A report on the program analyzed by the Peter G. Peterson Foundation found the “distribution of loans across sectors didn’t mirror the distribution of job losses.” It showed restaurants and food service businesses did not receive many loans, despite suffering the highest level of job losses.

A preliminary analysis from the National Bureau of Economic Research suggests the areas most affected by economic disruption did not receive the most loans.

The Paycheck Protection Program ended on May 31, 2021. Existing borrowers may be eligible for loan forgiveness at the discretion of the lender.

PPP loans distributed in 2020 in ZIP Code 73560

Name of Borrower Current Approved Amount
Shoestring Enterprises, LLC $124,675
Larry Bradley Trucking, LLC $41,990
Ryan Bradley Trucking, LLC $39,622
J & B Farms, Inc. $24,630
Jerry Drury $20,833
Pryor Farms, Inc. $18,265
Mcintire Transport, LLC $10,606
Bradley Farms, Inc. $10,470
David Duncan $9,500
Eagle Heights Housing Corporation, an Oklahoma Non-Profit $9,335
Jason Drury $5,410
Olustee Pit Stop, LLC $4,000
Javier Ramirez $3,700
John Phillip Olson $1,900
Paul Edward Brown $1,700
Darian Akers $1,131


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