Barnes International, Inc.

$2,575,900 PPP Loan in Rockford, Illinois

Loan Details

Loan Number
4762387008
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$2,575,900
Current Approval
$2,575,900
Forgiveness Amount
$2,606,238
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Barnes International, Inc.
Address
814 Chestnut Street
ZIP Code
61102-2200
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333511)
Business Age
Existing or more than 2 years old
Jobs Reported
153
Estimated Revenue
$40.1M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$1,931,925
Utilities
$643,975

Lender Information

Servicing Lender
Northwest Bank of Rockford
Originating Lender
Northwest Bank of Rockford

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