PPP Loan information for Bear industries inc

$305,560

Bear industries inc was initially approved for PPP Loan of amount $305,560, the current approved amount is $305,560. The loan was approved on 02/06/2021 by The First Horizon Bank reported 21 jobs and $305,560 was used to fund payroll.

Bear industries inc is Existing or more than 2 years old

BEAR INDUSTRIES INC

Date Approved

02/06/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

BEAR INDUSTRIES INC

Borrower Address

4323 N River Rd

Borrower City

Port Allen

Borrower State

LA

Borrower Zip

70767-3857

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

305560.00

Current Approval Amount

305560.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Port Allen

Project County Name

WEST BATON ROUGE

Project State

LA

Project Zip

70767-3857

CD

LA-06

Jobs Reported

21

NAICS Code

423320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

305557.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

307478.24

Forgiveness Date

09/29/2021

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