PPP Loan information for Decatur bearing and drive supply inc.

$64,000

Decatur bearing and drive supply inc. was initially approved for PPP Loan of amount $64,000, the current approved amount is $64,000. The loan was approved on 05/04/2020 by The Regions Bank reported 4 jobs and $64,000 was used to fund payroll.

Decatur bearing and drive supply inc. is Existing or more than 2 years old

PPP Loan Search / AL / DECATUR / Decatur bearing and drive supply inc.

DECATUR BEARING AND DRIVE SUPPLY INC.

Date Approved

05/04/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

DECATUR BEARING AND DRIVE SUPPLY INC.

Borrower Address

1926 B CENTRAL PKWY

Borrower City

DECATUR

Borrower State

AL

Borrower Zip

35601-6823

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64000.00

Current Approval Amount

64000.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MORGAN

Project State

AL

Project Zip

35601-6823

CD

AL-05

Jobs Reported

4

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

64000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

64743.45

Forgiveness Date

07/07/2021

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