PPP Loan information for The barbat organization inc

$105,433

The barbat organization inc was initially approved for PPP Loan of amount $105,433, the current approved amount is $105,433. The loan was approved on 01/20/2021 by The First Merchants Bank reported 8 jobs and $105,433 was used to fund payroll.

The barbat organization inc is Existing or more than 2 years old

THE BARBAT ORGANIZATION INC

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

THE BARBAT ORGANIZATION INC

Borrower Address

33477 Woodward Ave Ste 800

Borrower City

Birmingham

Borrower State

MI

Borrower Zip

48009-0929

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

105432.50

Current Approval Amount

105432.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Birmingham

Project County Name

OAKLAND

Project State

MI

Project Zip

48009-0929

CD

MI-11

Jobs Reported

8

NAICS Code

447110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

105427.50

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

106252.85

Forgiveness Date

11/03/2021

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