PPP Loan information for Capitol bearing service of austin inc

$941,002

Capitol bearing service of austin inc was initially approved for PPP Loan of amount $874,385, the current approved amount is $941,002. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 78 jobs and $941,002 was used to fund payroll.

Capitol bearing service of austin inc is New Business or 2 years or less

CAPITOL BEARING SERVICE OF AUSTIN INC

Date Approved

05/01/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

CAPITOL BEARING SERVICE OF AUSTIN INC

Borrower Address

2589 Oakmont Dr

Borrower City

Round Rock

Borrower State

TX

Borrower Zip

78665

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

874385.00

Current Approval Amount

941002.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Round Rock

Project County Name

WILLIAMSON

Project State

TX

Project Zip

78665-0001

CD

TX-31

Jobs Reported

78

NAICS Code

441310

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

874385.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

66617.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

881044.70

Forgiveness Date

02/11/2021

;