PPP Loan information for Barrier electric co.

$200,847

Barrier electric co. was initially approved for PPP Loan of amount $200,847, the current approved amount is $200,847. The loan was approved on 02/19/2021 by The Loan Source Incorporated reported 12 jobs and $200,847 was used to fund payroll.

Barrier electric co. is Existing or more than 2 years old

BARRIER ELECTRIC CO.

Date Approved

02/19/2021

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BARRIER ELECTRIC CO.

Borrower Address

479 Avenue C

Borrower City

Bayonne

Borrower State

NJ

Borrower Zip

07002-5193

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

200847.00

Current Approval Amount

200847.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bayonne

Project County Name

HUDSON

Project State

NJ

Project Zip

07002-5193

CD

NJ-08

Jobs Reported

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

200846.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

202679.38

Forgiveness Date

01/25/2022

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