PPP Loan information for Barnes manufacturing services, inc

$136,000

Barnes manufacturing services, inc was initially approved for PPP Loan of amount $136,000, the current approved amount is $136,000. The loan was approved on 04/03/2020 by The Heritage Bank reported 12 jobs and $136,000 was used to fund payroll.

Barnes manufacturing services, inc is Existing or more than 2 years old

PPP Loan Search / IA / MARION / Barnes manufacturing services, inc

BARNES MANUFACTURING SERVICES, INC

Date Approved

04/03/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

BARNES MANUFACTURING SERVICES, INC

Borrower Address

560 31ST ST

Borrower City

MARION

Borrower State

IA

Borrower Zip

52302-3724

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

136000.00

Current Approval Amount

136000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24836

Servicing Lender Name

Heritage Bank

Servicing Lender Address

695 Marion Blvd

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3125

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

LINN

Project State

IA

Project Zip

52302-3724

CD

IA-02

Jobs Reported

12

NAICS Code

333514

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

102608.00

Mortgage Interest Proceed

27128.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6264.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24836

Originating Lender

Heritage Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

137118.22

Forgiveness Date

02/04/2021

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