PPP Loan Data — Garland Duane Stevens Farms, Anadarko, OK
Garland Duane Stevens Farms is a sole proprietorship located at 33105 Cs 2605 in Anadarko, Oklahoma that received a Coronavirus-related PPP loan from the SBA of $25,394.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least seven people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Washita Valley Bank
Garland Duane Stevens Farms in Anadarko, OK received a Paycheck Protection Loan of $25,394 through Washita Valley Bank, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Garland Duane Stevens Farms' 2019 payroll expenses are estimated to be at least $121,891.
Based on their reported 7 jobs retained, this equals an estimated average yearly compensation of $17,413 per employee1
Reported PPP Proceed Usage:
On the PPP application, Garland Duane Stevens Farms reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $20,315
- Utilities: $5,079
Business Information - Garland Duane Stevens Farms in Anadarko, OK
33105 Cs 2605
Anadarko, OK 73005
Beef Cattle Ranching and Farming
NAICS code 112111
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Anadarko
In the Anadarko area, 251 businesses in the "Beef Cattle Ranching and Farming" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 7) and received an average PPP loan of $12,494 (compared to this company's $25,394).
Similar Nearby Businesses Who Received PPP Funding:
Calvin G Campbell
Industry PPP Comparison Statistics
Nationwide, 215,770 businesses in the "Beef Cattle Ranching and Farming" industry received a total of $2.8B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 1 employees, 86% lower than Garland Duane Stevens Farms' reported 7 employees, and received an average PPP loan of $12,970, 49% lower than this company's loan of $25,394.
FederalPay's PPP Information Policy
Footnotes & Information
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