PPP Loan information for Bar 3 machine and tool, inc

$144,752

Bar 3 machine and tool, inc was initially approved for PPP Loan of amount $144,752, the current approved amount is $144,752. The loan was approved on 04/09/2020 by The Commercial National Bank of Texarkana reported 13 jobs and $144,752 was used to fund payroll.

Bar 3 machine and tool, inc is Existing or more than 2 years old

BAR 3 MACHINE AND TOOL, INC

Date Approved

04/09/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

BAR 3 MACHINE AND TOOL, INC

Borrower Address

235 OATS ST

Borrower City

TEXARKANA

Borrower State

AR

Borrower Zip

71854-5813

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

144752.00

Current Approval Amount

144752.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4803

Servicing Lender Name

Commercial National Bank of Texarkana

Servicing Lender Address

5515 Summerhill Rd

Servicing Lender City

TEXARKANA

Servicing Lender State

TX

Servicing Lender Zip

75503-1821

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TEXARKANA

Project County Name

MILLER

Project State

AR

Project Zip

71854-5813

CD

AR-04

Jobs Reported

13

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

144752.00

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

4803

Originating Lender

Commercial National Bank of Texarkana

Originating Lender City

TEXARKANA

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

135568.00

Forgiveness Date

11/19/2020

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