# PPP loan: BARC DEVELOPMENTAL SERVICES
> **$1.50M** approved 05/15/2020 · Paid in Full · Loan `6952747401`
## Borrower
- **Name:** BARC DEVELOPMENTAL SERVICES
- **Address:** 4950 York Road, Holicong, PA, 18928
- **NAICS:** 624310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.50M
- **Initial approval:** $1.50M
- **Forgiven:** $1.51M (101%)
- **Forgiveness date:** 05/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.50M
- **Jobs reported:** 312
## Lender
- **Originating:** Univest Bank and Trust Co
- **Servicing:** Univest Bank and Trust Co (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*