PPP Loan information for American roller bearing

$3,504,480

American roller bearing was initially approved for PPP Loan of amount $3,504,480, the current approved amount is $3,504,480. The loan was approved on 04/13/2020 by The The Huntington National Bank reported 263 jobs and $3,504,480 was used to fund payroll.

American roller bearing is Existing or more than 2 years old

AMERICAN ROLLER BEARING

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

AMERICAN ROLLER BEARING

Borrower Address

1441 4th St NW

Borrower City

HICKORY

Borrower State

NC

Borrower Zip

28603

Loan Status Date

02/16/2023

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

3504480.00

Current Approval Amount

3504480.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HICKORY

Project County Name

CATAWBA

Project State

NC

Project Zip

28603-0001

CD

NC-10

Jobs Reported

263

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3504480.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3408578.76

Forgiveness Date

06/15/2021

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