PPP Loan information for Bear materials, llc

$671,400

Bear materials, llc was initially approved for PPP Loan of amount $671,400, the current approved amount is $671,400. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 48 jobs and $671,400 was used to fund payroll.

Bear materials, llc is Existing or more than 2 years old

BEAR MATERIALS, LLC

Date Approved

04/15/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

BEAR MATERIALS, LLC

Borrower Address

4048 New Castle Avenue

Borrower City

New Castle

Borrower State

DE

Borrower Zip

19720

Loan Status Date

03/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

671400.00

Current Approval Amount

671400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Castle

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19720-0001

CD

DE-

Jobs Reported

48

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11417.00

Payroll Proceed

599983.00

Mortgage Interest Proceed

20000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

675354.82

Forgiveness Date

11/27/2020

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