Barnes Electric, Inc.

$174,517 PPP Loan in Rhodesdale, Maryland

Loan Details

Loan Number
7029187008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$174,517
Current Approval
$174,519
Forgiveness Amount
$94,116
Forgiveness Date
Nov 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Barnes Electric, Inc.
Address
5470 Cokesbury Rd
ZIP Code
21659-1126
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$6.6M
Rural/Urban
Rural
Congressional District
MD-01

Loan Use Breakdown

Payroll
$174,519

Lender Information

Servicing Lender
Burke & Herbert Bank & Trust Company
Originating Lender
Burke and Herbert Bank and Trust Company

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