# PPP loan: BARNES INTERNATIONAL, INC.
> **$2.58M** approved 04/04/2020 · Paid in Full · Loan `4762387008`
## Borrower
- **Name:** BARNES INTERNATIONAL, INC.
- **Address:** 814 Chestnut Street, ROCKFORD, IL, 61102-2200
- **NAICS:** 333511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.58M
- **Initial approval:** $2.58M
- **Forgiven:** $2.61M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.93M
- **Utilities:** $644K
- **Jobs reported:** 153
## Lender
- **Originating:** Northwest Bank of Rockford
- **Servicing:** Northwest Bank of Rockford (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*