BARNES MANUFACTURING SERVICES, INC (IA) - 2020 PPP Loan Borrower Profile (# 4440667006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BARNES MANUFACTURING SERVICES, INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Iowa.

Loan Detail

Loan Number

4440667006

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$136,000

Date Loan was Approved

Apr 3, 2020

Amount Forgiven

$137,118.22

Date Loan was Forgiven

Feb 4, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

102,608

Mortgage Interest Proceed

27,128

Health Care Proceed

6,264

Lender

Heritage Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

333514

Borrower Location

MARION, IA

Project Location

MARION, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.