PPP Loan information for Barth electic company inc

$2,000,000

Barth electic company inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 05/29/2021 by The Metro City Bank reported 197 jobs and $2,000,000 was used to fund payroll.

Barth electic company inc is Existing or more than 2 years old

BARTH ELECTIC COMPANY INC

Date Approved

05/29/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

BARTH ELECTIC COMPANY INC

Borrower Address

1934 N Illinois St

Borrower City

Indianapolis

Borrower State

IN

Borrower Zip

46202-1319

Loan Status Date

08/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440691

Servicing Lender Name

Metro City Bank

Servicing Lender Address

5114 Buford Hwy

Servicing Lender City

DORAVILLE

Servicing Lender State

GA

Servicing Lender Zip

30340-1105

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Indianapolis

Project County Name

MARION

Project State

IN

Project Zip

46202-1319

CD

IN-07

Jobs Reported

197

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

440691

Originating Lender

Metro City Bank

Originating Lender City

DORAVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2021589.04

Forgiveness Date

07/18/2022

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