BARNES & ASSOCIATES INC. (MD) - 2020 PPP Loan Borrower Profile (# 6581588604)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to BARNES & ASSOCIATES 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
6581588604
SBA Office Code
0373
Processing Method
PPP
Curent Loan Amount
$345,775
Date Loan was Approved
Mar 23, 2021
Amount Forgiven
$350,164.42
Date Loan was Forgiven
Jul 5, 2022
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
345,773
Lender
Forbright Bank
Business Detail
Business Type
Subchapter S Corporation
NAICS
238310
Borrower Location
Westminster, MD
Project Location
Westminster, MD
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
25
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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