PPP Loan information for Bar enterprises inc

$531,970

Bar enterprises inc was initially approved for PPP Loan of amount $531,970, the current approved amount is $531,970. The loan was approved on 01/22/2021 by The SmartBank reported 120 jobs and $531,970 was used to fund payroll.

Bar enterprises inc is Existing or more than 2 years old

BAR ENTERPRISES INC

Date Approved

01/22/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

BAR ENTERPRISES INC

Borrower Address

1925 University Blvd

Borrower City

Tuscaloosa

Borrower State

AL

Borrower Zip

35401-1519

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

531970.00

Current Approval Amount

531970.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

445288

Servicing Lender Name

SmartBank

Servicing Lender Address

2430 Teaster Ln, Ste 205

Servicing Lender City

PIGEON FORGE

Servicing Lender State

TN

Servicing Lender Zip

37863-5274

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Tuscaloosa

Project County Name

TUSCALOOSA

Project State

AL

Project Zip

35401-1519

CD

AL-07

Jobs Reported

120

NAICS Code

722410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

531967.00

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

Corporation

Originating Lender Location Id

445288

Originating Lender

SmartBank

Originating Lender City

PIGEON FORGE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

537496.58

Forgiveness Date

02/08/2022

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