PPP Loan information for Barr freight system inc

$473,787

Barr freight system inc was initially approved for PPP Loan of amount $473,787, the current approved amount is $473,787. The loan was approved on 02/20/2021 by The Old Second National Bank reported 38 jobs and $473,787 was used to fund payroll.

Barr freight system inc is Existing or more than 2 years old

BARR FREIGHT SYSTEM INC

Date Approved

02/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

BARR FREIGHT SYSTEM INC

Borrower Address

505 W Crossroads Pkwy Ste B

Borrower City

Bolingbrook

Borrower State

IL

Borrower Zip

60440-4868

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

473787.00

Current Approval Amount

473787.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bolingbrook

Project County Name

WILL

Project State

IL

Project Zip

60440-4868

CD

IL-11

Jobs Reported

38

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

473785.00

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

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

477827.35

Forgiveness Date

12/28/2021

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