PPP Loan information for Bearing service & supply inc

$1,100,725

Bearing service & supply inc was initially approved for PPP Loan of amount $1,100,725, the current approved amount is $1,100,725. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 84 jobs and $1,100,725 was used to fund payroll.

Bearing service & supply inc is Existing or more than 2 years old

PPP Loan Search / LA / SHREVEPORT / Bearing service & supply inc

BEARING SERVICE & SUPPLY INC

Date Approved

05/01/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

BEARING SERVICE & SUPPLY INC

Borrower Address

1327 N MARKET ST

Borrower City

SHREVEPORT

Borrower State

LA

Borrower Zip

71107

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1100725.00

Current Approval Amount

1100725.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SHREVEPORT

Project County Name

CADDO

Project State

LA

Project Zip

71107-1800

CD

LA-04

Jobs Reported

84

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20985.00

Payroll Proceed

972240.00

Mortgage Interest Proceed

0.00

Rent Proceed

107500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1111422.21

Forgiveness Date

04/26/2021

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