PPP Loan information for Bearing service & supply inc.

$929,945

Bearing service & supply inc. was initially approved for PPP Loan of amount $929,945, the current approved amount is $929,945. The loan was approved on 05/01/2021 by The JPMorgan Chase Bank, National Association reported 84 jobs and $929,945 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

05/01/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

BEARING SERVICE & SUPPLY INC.

Borrower Address

1327 N Market St

Borrower City

Shreveport

Borrower State

LA

Borrower Zip

71107-6523

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

929945.00

Current Approval Amount

929945.00

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

71107-6523

CD

LA-04

Jobs Reported

84

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

929945.00

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

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

937438.29

Forgiveness Date

02/25/2022

;