PPP Loan information for Carter babbitt bearings inc

$29,800

Carter babbitt bearings inc was initially approved for PPP Loan of amount $29,800, the current approved amount is $29,800. The loan was approved on 05/29/2020 by The Regions Bank reported 4 jobs and $29,800 was used to fund payroll.

Carter babbitt bearings inc is Existing or more than 2 years old

PPP Loan Search / AL / Hanceville / Carter babbitt bearings inc

CARTER BABBITT BEARINGS INC

Date Approved

05/29/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

CARTER BABBITT BEARINGS INC

Borrower Address

1850 County Road 715

Borrower City

Hanceville

Borrower State

AL

Borrower Zip

35077

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29800.00

Current Approval Amount

29800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hanceville

Project County Name

CULLMAN

Project State

AL

Project Zip

35077-0001

CD

AL-04

Jobs Reported

4

NAICS Code

811310

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

29800.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

30002.48

Forgiveness Date

02/09/2021

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