PPP Loan information for Bar-m steel commercial inc

$900,000

Bar-m steel commercial inc was initially approved for PPP Loan of amount $900,000, the current approved amount is $900,000. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 50 jobs and $900,000 was used to fund payroll.

Bar-m steel commercial inc is Existing or more than 2 years old

BAR-M STEEL COMMERCIAL INC

Date Approved

05/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

BAR-M STEEL COMMERCIAL INC

Borrower Address

28080 HIGHWAY SE

Borrower City

BORING

Borrower State

OR

Borrower Zip

97009

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

900000.00

Current Approval Amount

900000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BORING

Project County Name

CLACKAMAS

Project State

OR

Project Zip

97009-0001

CD

OR-03

Jobs Reported

50

NAICS Code

238190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

900000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

911725.00

Forgiveness Date

08/17/2021

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