PPP Loan information for Industrial bearing & supply inc.

$18,195

Industrial bearing & supply inc. was initially approved for PPP Loan of amount $18,195, the current approved amount is $18,195. The loan was approved on 03/03/2021 by The Builtwell Bank reported 4 jobs and $18,195 was used to fund payroll.

Industrial bearing & supply inc. is Existing or more than 2 years old

INDUSTRIAL BEARING & SUPPLY INC.

Date Approved

03/03/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

INDUSTRIAL BEARING & SUPPLY INC.

Borrower Address

1209 E Morris St

Borrower City

Dalton

Borrower State

GA

Borrower Zip

30721-3689

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

18195.00

Current Approval Amount

18195.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67085

Servicing Lender Name

Builtwell Bank

Servicing Lender Address

728 Broad St

Servicing Lender City

CHATTANOOGA

Servicing Lender State

TN

Servicing Lender Zip

37402-1801

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Dalton

Project County Name

WHITFIELD

Project State

GA

Project Zip

30721-3689

CD

GA-14

Jobs Reported

4

NAICS Code

453998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

18195.00

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

Subchapter S Corporation

Originating Lender Location Id

67085

Originating Lender

Builtwell Bank

Originating Lender City

CHATTANOOGA

Originating Lender State

TN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

18350.16

Forgiveness Date

01/13/2022

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