BARNETT & WATKINS INDUSTRIES, INC. (AL) - 2020 PPP Loan Borrower Profile (# 7880067207)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BARNETT & WATKINS INDUSTRIES, INC.. 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

7880067207

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$23,400

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$23,649.6

Date Loan was Forgiven

May 18, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

500

Payroll Proced

21,900

Mortgage Interest Proceed

1,000

Lender

First Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

811118

Borrower Location

WEDOWEE, AL

Project Location

WEDOWEE, AL

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.