PPP Loan information for Pioneer motor bearing company

$867,800

Pioneer motor bearing company was initially approved for PPP Loan of amount $867,800, the current approved amount is $867,800. The loan was approved on 04/08/2020 by The First National Bank of Pennsylvania reported 54 jobs and $867,800 was used to fund payroll.

Pioneer motor bearing company is Existing or more than 2 years old

PPP Loan Search / NC / KINGS MOUNTAIN / Pioneer motor bearing company

PIONEER MOTOR BEARING COMPANY

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PIONEER MOTOR BEARING COMPANY

Borrower Address

129 Batleground Rd.

Borrower City

KINGS MOUNTAIN

Borrower State

NC

Borrower Zip

28086-8260

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

867800.00

Current Approval Amount

867800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KINGS MOUNTAIN

Project County Name

CLEVELAND

Project State

NC

Project Zip

28086-8260

CD

NC-10

Jobs Reported

54

NAICS Code

333613

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

867800.00

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

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

873488.91

Forgiveness Date

12/17/2020

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