PPP Loan information for Baldor cincinnati, inc.

$252,852

Baldor cincinnati, inc. was initially approved for PPP Loan of amount $252,852, the current approved amount is $252,852. The loan was approved on 05/21/2020 by The Truist Bank reported 19 jobs and $252,852 was used to fund payroll.

Baldor cincinnati, inc. is Existing or more than 2 years old

PPP Loan Search / OH / WEST CHESTER / Baldor cincinnati, inc.

BALDOR CINCINNATI, INC.

Date Approved

05/21/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

BALDOR CINCINNATI, INC.

Borrower Address

2929 CRESCENTVILLE RD

Borrower City

WEST CHESTER

Borrower State

OH

Borrower Zip

45069-3883

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

252852.00

Current Approval Amount

252852.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WEST CHESTER

Project County Name

BUTLER

Project State

OH

Project Zip

45069-3883

CD

OH-08

Jobs Reported

19

NAICS Code

423420

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

252852.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

255296.24

Forgiveness Date

05/06/2021

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