# PPP loan: BARNES ELECTRIC COMPANY, INC
> **$262K** approved 04/29/2020 · Paid in Full · Loan `2085877310`
## Borrower
- **Name:** BARNES ELECTRIC COMPANY, INC
- **Address:** 101 W BURGESS RD, PENSACOLA, FL, 32503-7110
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $262K
- **Jobs reported:** 33
## Lender
- **Originating:** Synovus Bank
- **Servicing:** Synovus Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*