Barnes Transportation Services, Inc.

$1,506,500 PPP Loan in Wilson, North Carolina

Loan Details

Loan Number
1186207106
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,506,500
Current Approval
$1,506,500
Forgiveness Amount
$1,515,162
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Barnes Transportation Services, Inc.
Address
2309 Whitley Rd
City
Wilson
ZIP Code
27893-7903
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484110)
Business Age
Existing or more than 2 years old
Jobs Reported
126
Estimated Revenue
$19.0M
Rural/Urban
Rural
Congressional District
NC-01

Loan Use Breakdown

Payroll
$1,416,500
Rent
$40,000
Utilities
$25,000
Mortgage Interest
$25,000

Lender Information

Servicing Lender
Transportation Alliance Bank, Inc. D/b/a Tab Bank
Originating Lender
Transportation Alliance Bank, Inc. D/b/a Tab Bank

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