PPP Loan information for Consolidated bearing company

$744,482

Consolidated bearing company was initially approved for PPP Loan of amount $744,482, the current approved amount is $744,482. The loan was approved on 04/28/2021 by The Loan Source Incorporated reported 56 jobs and $744,482 was used to fund payroll.

Consolidated bearing company is Existing or more than 2 years old

PPP Loan Search / NJ / Cedar Knolls / Consolidated bearing company

CONSOLIDATED BEARING COMPANY

Date Approved

04/28/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

CONSOLIDATED BEARING COMPANY

Borrower Address

10 Wing Dr

Borrower City

Cedar Knolls

Borrower State

NJ

Borrower Zip

07927-1007

Loan Status Date

05/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

744482.00

Current Approval Amount

744482.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cedar Knolls

Project County Name

MORRIS

Project State

NJ

Project Zip

07927-1007

CD

NJ-11

Jobs Reported

56

NAICS Code

332991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

744482.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

751457.69

Forgiveness Date

04/20/2022

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