PPP Loan information for Bearings belts & chain, inc

$66,833

Bearings belts & chain, inc was initially approved for PPP Loan of amount $66,833, the current approved amount is $66,833. The loan was approved on 04/12/2020 by The Fulton Bank, National Association reported 5 jobs and $66,833 was used to fund payroll.

Bearings belts & chain, inc is Existing or more than 2 years old

PPP Loan Search / PA / Exton / Bearings belts & chain, inc

BEARINGS BELTS & CHAIN, INC

Date Approved

04/12/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

BEARINGS BELTS & CHAIN, INC

Borrower Address

310 National Rd

Borrower City

Exton

Borrower State

PA

Borrower Zip

19341-2646

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

66833.00

Current Approval Amount

66833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Exton

Project County Name

CHESTER

Project State

PA

Project Zip

19341-2646

CD

PA-06

Jobs Reported

5

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8354.22

Payroll Proceed

50125.33

Mortgage Interest Proceed

0.00

Rent Proceed

8353.45

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

67417.79

Forgiveness Date

03/03/2021

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