PPP Loan information for Barnes international, inc.

$2,575,900

Barnes international, inc. was initially approved for PPP Loan of amount $2,575,900, the current approved amount is $2,575,900. The loan was approved on 04/04/2020 by The Northwest Bank of Rockford reported 153 jobs and $2,575,900 was used to fund payroll.

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

BARNES INTERNATIONAL, INC.

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BARNES INTERNATIONAL, INC.

Borrower Address

814 Chestnut Street

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61102-2200

Loan Status Date

04/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2575900.00

Current Approval Amount

2575900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22504

Servicing Lender Name

Northwest Bank of Rockford

Servicing Lender Address

3106 N Rockton Ave

Servicing Lender City

ROCKFORD

Servicing Lender State

IL

Servicing Lender Zip

61103-2837

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61102-2200

CD

IL-17

Jobs Reported

153

NAICS Code

333511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

643975.00

Payroll Proceed

1931925.00

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

Subchapter S Corporation

Originating Lender Location Id

22504

Originating Lender

Northwest Bank of Rockford

Originating Lender City

ROCKFORD

Originating Lender State

IL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2606238.38

Forgiveness Date

06/09/2021

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