BAR1, L.L.C. (AL) - 2020 PPP Loan Borrower Profile (# 2602528403)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BAR1, L.L.C.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Alabama.

Loan Detail

Loan Number

2602528403

SBA Office Code

0459

Processing Method

PPS

Curent Loan Amount

$141,515

Date Loan was Approved

Feb 3, 2021

Amount Forgiven

$142,289.4

Date Loan was Forgiven

Aug 30, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

141,513

Lender

First Fidelity Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722514

Borrower Location

Fort Payne, AL

Project Location

Fort Payne, AL

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.