BAR-T HOLDINDS, INC. (MD) - 2020 PPP Loan Borrower Profile (# 8322327104)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BAR-T HOLDINDS, 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 Maryland.

Loan Detail

Loan Number

8322327104

SBA Office Code

0353

Processing Method

PPP

Curent Loan Amount

$1,688,972

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$1,708,175.38

Date Loan was Forgiven

Jun 14, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

10,000

Payroll Proced

1,523,972

Mortgage Interest Proceed

45,000

Rent Proceed

30,000

Refinance EIDL Proceed

Health Care Proceed

80,000

Debt Interest Proceed

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Corporation

NAICS

624410

Borrower Location

Gaithersburg, MD

Project Location

Gaithersburg, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

279

Business Age Description

Existing or more than 2 years old

Data Source: SBA.