PPP Loan information for Barnes industries inc.

$552,035

Barnes industries inc. was initially approved for PPP Loan of amount $552,035, the current approved amount is $552,035. The loan was approved on 01/26/2021 by The The Huntington National Bank reported 38 jobs and $552,035 was used to fund payroll.

Barnes industries inc. is Existing or more than 2 years old

PPP Loan Search / MI / Madison Heights / Barnes industries inc.

BARNES INDUSTRIES INC.

Date Approved

01/26/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BARNES INDUSTRIES INC.

Borrower Address

1161 E 11 Mile Rd

Borrower City

Madison Heights

Borrower State

MI

Borrower Zip

48071-3801

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

552035.00

Current Approval Amount

552035.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Madison Heights

Project County Name

OAKLAND

Project State

MI

Project Zip

48071-3801

CD

MI-11

Jobs Reported

38

NAICS Code

333613

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

552035.00

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

Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

558432.56

Forgiveness Date

03/30/2022

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