PPP Loan information for Bearings incorporated-south

$92,351

Bearings incorporated-south was initially approved for PPP Loan of amount $92,351, the current approved amount is $92,351. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 9 jobs and $92,351 was used to fund payroll.

Bearings incorporated-south is New Business or 2 years or less

BEARINGS INCORPORATED-SOUTH

Date Approved

05/01/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

BEARINGS INCORPORATED-SOUTH

Borrower Address

7315 Howell Ave S

Borrower City

OAK CREEK

Borrower State

WI

Borrower Zip

53154

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

92351.00

Current Approval Amount

92351.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

OAK CREEK

Project County Name

MILWAUKEE

Project State

WI

Project Zip

53154-0001

CD

WI-01

Jobs Reported

9

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

92351.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

93215.51

Forgiveness Date

04/08/2021

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