PPP Loan information for Walter j. barnes electric co., inc.

$1,073,900

Walter j. barnes electric co., inc. was initially approved for PPP Loan of amount $1,073,900, the current approved amount is $1,073,900. The loan was approved on 04/09/2020 by The First Horizon Bank reported 64 jobs and $1,073,900 was used to fund payroll.

Walter j. barnes electric co., inc. is Existing or more than 2 years old

WALTER J. BARNES ELECTRIC CO., INC.

Date Approved

04/09/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

WALTER J. BARNES ELECTRIC CO., INC.

Borrower Address

PO BOX 10458

Borrower City

NEW ORLEANS

Borrower State

LA

Borrower Zip

70181-0458

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1073900.00

Current Approval Amount

1073900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW ORLEANS

Project County Name

JEFFERSON

Project State

LA

Project Zip

70181-0458

CD

LA-02

Jobs Reported

64

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1073900.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1083475.61

Forgiveness Date

03/05/2021

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