PPP Loan information for Barnes electric, inc.

$174,519

Barnes electric, inc. was initially approved for PPP Loan of amount $174,517, the current approved amount is $174,519. The loan was approved on 04/07/2020 by The Summit Community Bank, Inc. reported 20 jobs and $174,519 was used to fund payroll.

Barnes electric, inc. is Existing or more than 2 years old

PPP Loan Search / MD / RHODESDALE / Barnes electric, inc.

BARNES ELECTRIC, INC.

Date Approved

04/07/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

BARNES ELECTRIC, INC.

Borrower Address

5470 COKESBURY RD

Borrower City

RHODESDALE

Borrower State

MD

Borrower Zip

21659-1126

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

174517.00

Current Approval Amount

174518.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RHODESDALE

Project County Name

DORCHESTER

Project State

MD

Project Zip

21659-1126

CD

MD-01

Jobs Reported

20

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

174518.67

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

94115.73

Forgiveness Date

11/10/2020

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