16 BARS LLC (WI) - 2020 PPP Loan Borrower Profile (# 6224108308)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 16 BARS LLC. 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 Wisconsin.

Loan Detail

Loan Number

6224108308

SBA Office Code

0563

Processing Method

PPS

Curent Loan Amount

$45,395

Date Loan was Approved

Jan 26, 2021

Amount Forgiven

$45,870.09

Date Loan was Forgiven

Feb 17, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

45,389

Lender

Lake Ridge Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722410

Borrower Location

Madison, WI

Project Location

Madison, WI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.