PPP Loan information for Bearing enterprises inc

$302,514

Bearing enterprises inc was initially approved for PPP Loan of amount $302,514, the current approved amount is $302,514. The loan was approved on 03/12/2021 by The Customers Bank reported 23 jobs and $302,514 was used to fund payroll.

Bearing enterprises inc is Existing or more than 2 years old

PPP Loan Search / MA / Allston / Bearing enterprises inc

BEARING ENTERPRISES INC

Date Approved

03/12/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

BEARING ENTERPRISES INC

Borrower Address

201 Brighton Ave

Borrower City

Allston

Borrower State

MA

Borrower Zip

02134-2003

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

302514.00

Current Approval Amount

302514.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Allston

Project County Name

SUFFOLK

Project State

MA

Project Zip

02134-2003

CD

MA-07

Jobs Reported

23

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

302513.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

304544.57

Forgiveness Date

11/19/2021

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