Barakat Associates, Ltd

$275,145 PPP Loan in Gilberton, Pennsylvania

Loan Details

Loan Number
9183107101
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$275,145
Current Approval
$275,145
Forgiveness Amount
$276,675
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Barakat Associates, Ltd
Address
10 Gilberton Road
ZIP Code
17934
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (484220)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$6.1M
Rural/Urban
Rural
Congressional District
PA-09

Loan Use Breakdown

Payroll
$235,395
Utilities
$2,000
Health Care
$35,000
Debt Interest
$2,750

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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