PPP Loan information for Bearing wireless, llc

$422,200

Bearing wireless, llc was initially approved for PPP Loan of amount $358,900, the current approved amount is $422,200. The loan was approved on 04/03/2020 by The Falcon National Bank reported 31 jobs and $422,200 was used to fund payroll.

Bearing wireless, llc is New Business or 2 years or less

PPP Loan Search / MN / SAUK RAPIDS / Bearing wireless, llc

BEARING WIRELESS, LLC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BEARING WIRELESS, LLC

Borrower Address

310 60TH ST NW

Borrower City

SAUK RAPIDS

Borrower State

MN

Borrower Zip

56379-9548

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

358900.00

Current Approval Amount

422200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

328519

Servicing Lender Name

Falcon National Bank

Servicing Lender Address

183 Cedar Dr

Servicing Lender City

FOLEY

Servicing Lender State

MN

Servicing Lender Zip

56329-4401

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SAUK RAPIDS

Project County Name

BENTON

Project State

MN

Project Zip

56379-9548

CD

MN-06

Jobs Reported

31

NAICS Code

517911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

422200.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

328519

Originating Lender

Falcon National Bank

Originating Lender City

FOLEY

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

425114.92

Forgiveness Date

12/22/2020

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