Victor S. Barnes & Company

$874,865 PPP Loan in Grand Rapids, Michigan

Loan Details

Loan Number
9550597002
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$874,865
Current Approval
$874,865
Forgiveness Amount
$885,511
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Victor S. Barnes & Company
Address
1927 Will Ave. NW 0.0
ZIP Code
49504-2035
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423310)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$18.4M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$728,634
Rent
$55,686
Utilities
$20,000
Health Care
$70,545

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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