PPP Loan information for Craft bearing company inc

$258,782

Craft bearing company inc was initially approved for PPP Loan of amount $258,782, the current approved amount is $258,782. The loan was approved on 03/31/2021 by The Truist Bank reported 21 jobs and $258,782 was used to fund payroll.

Craft bearing company inc is Existing or more than 2 years old

PPP Loan Search / VA / Newport News / Craft bearing company inc

CRAFT BEARING COMPANY INC

Date Approved

03/31/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

CRAFT BEARING COMPANY INC

Borrower Address

5000 Chestnut Ave

Borrower City

Newport News

Borrower State

VA

Borrower Zip

23605-2108

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

258782.00

Current Approval Amount

258782.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newport News

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23605-2108

CD

VA-03

Jobs Reported

21

NAICS Code

332991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

258779.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

261089.47

Forgiveness Date

02/17/2022

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