PPP Loan information for Industrial bearing supply company llc

$24,800

Industrial bearing supply company llc was initially approved for PPP Loan of amount $24,800, the current approved amount is $24,800. The loan was approved on 04/09/2020 by The Templeton Savings Bank reported 4 jobs and $24,800 was used to fund payroll.

Industrial bearing supply company llc is New Business or 2 years or less

INDUSTRIAL BEARING SUPPLY COMPANY LLC

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

INDUSTRIAL BEARING SUPPLY COMPANY LLC

Borrower Address

23498 HWY 30 E

Borrower City

CARROLL

Borrower State

IA

Borrower Zip

51401-8501

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24800.00

Current Approval Amount

24800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25529

Servicing Lender Name

Templeton Savings Bank

Servicing Lender Address

103 S Main

Servicing Lender City

TEMPLETON

Servicing Lender State

IA

Servicing Lender Zip

51463-1463

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CARROLL

Project County Name

CARROLL

Project State

IA

Project Zip

51401-8501

CD

IA-04

Jobs Reported

4

NAICS Code

423840

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

19840.00

Mortgage Interest Proceed

0.00

Rent Proceed

4960.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25529

Originating Lender

Templeton Savings Bank

Originating Lender City

TEMPLETON

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24975.98

Forgiveness Date

01/07/2021

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