PPP Loan information for Barakat inc

$218,300

Barakat inc was initially approved for PPP Loan of amount $75,000, the current approved amount is $218,300. The loan was approved on 04/29/2020 by The Navy FCU reported 13 jobs and $218,300 was used to fund payroll.

Barakat inc is New Business or 2 years or less

BARAKAT INC

Date Approved

04/29/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

BARAKAT INC

Borrower Address

4608 SAINT BARNABAS RD

Borrower City

TEMPLE HILLS

Borrower State

MD

Borrower Zip

20748

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

218300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

93956

Servicing Lender Name

Navy FCU

Servicing Lender Address

820 Follin Ln

Servicing Lender City

VIENNA

Servicing Lender State

VA

Servicing Lender Zip

22180-4907

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

TEMPLE HILLS

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20748-1000

CD

MD-04

Jobs Reported

13

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

218300.00

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

Corporation

Originating Lender Location Id

93956

Originating Lender

Navy FCU

Originating Lender City

VIENNA

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

220768.00

Forgiveness Date

07/09/2021

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