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Tulsa businesses benefit from PPP loans amid pandemic

Posted at 6:08 PM, Jul 07, 2020
and last updated 2020-07-07 19:39:05-04

TULSA, Okla. — The Paycheck Protection Program is a lifeline for businesses during the coronavirus pandemic. Data shows 1,456 businesses in Tulsa received PPP loans. The numbers combined show these loans saved around 78,000 jobs.

17 Tulsa-based companies received between $5-10 million —the largest amount available by the SBA.

The companies who took PPP loans with the most jobs saved are listed as the following:

  • Bama Companies
  • Rib Crib BBQ
  • Osage Nation Gaming Enterprises
  • GDH Consulting

Each of those companies was able to retain 500 local jobs thanks to PPP funds. Businesses were not the only ones to receive the money.
Local religious organizations and non-profits also applied. The Roman Catholic Diocese of Tulsa, Victory Christian Center and Willie George Ministries also received PPP funding between $2-5 million — all-together citing 771 jobs saved.

So far— the SBA and the Trump administration reports $132 billion in remaining funding and said the states that received the most money so fa are California, Texas and New York.

Here are businesses that received PPP funding are located in Tulsa and some surrounding communities. You can click each one to find out detailed information— like how many jobs were retained—business names and addresses—and how much money they applied for.

Map showing $5-10 million dollars in PPP loans

Map showing $2-5 million dollars in PPP loans

Map showing $1-$2 million dollars in PPP loans

Map showing $350,000 to $1 million in PPP loans

Map showing $150,000 to $350,000 in PPP loans

For more information about the Paycheck Protection Program, click here.

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