PPP Loan information for Barnes ace inc

$575,000

Barnes ace inc was initially approved for PPP Loan of amount $715,000, the current approved amount is $575,000. The loan was approved on 04/11/2020 by The Wyoming Community Bank reported 95 jobs and $575,000 was used to fund payroll.

Barnes ace inc is Existing or more than 2 years old

PPP Loan Search / CO / COLORADO SPRINGS / Barnes ace inc

BARNES ACE INC

Date Approved

04/11/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

BARNES ACE INC

Borrower Address

1225 N CIRCLE DR

Borrower City

COLORADO SPRINGS

Borrower State

CO

Borrower Zip

80909-3136

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

715000.00

Current Approval Amount

575000.00

Undisbursed Amount

0.00

Franchise Name

Ace Hardware

Servicing Lender Location Id

123967

Servicing Lender Name

Wyoming Community Bank

Servicing Lender Address

1700 N Federal Blvd

Servicing Lender City

RIVERTON

Servicing Lender State

WY

Servicing Lender Zip

82501-5200

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COLORADO SPRINGS

Project County Name

EL PASO

Project State

CO

Project Zip

80909-3136

CD

CO-05

Jobs Reported

95

NAICS Code

444130

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

57500.00

Payroll Proceed

431250.00

Mortgage Interest Proceed

0.00

Rent Proceed

86250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

123967

Originating Lender

Wyoming Community Bank

Originating Lender City

RIVERTON

Originating Lender State

WY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

579111.64

Forgiveness Date

01/08/2021

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