PPP Loan information for Jamaica bearings co. inc.

$2,000,000

Jamaica bearings co. inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/18/2021 by The Citibank, N.A. reported 131 jobs and $2,000,000 was used to fund payroll.

Jamaica bearings co. inc. is Existing or more than 2 years old

PPP Loan Search / NY / New Hyde Park / Jamaica bearings co. inc.

JAMAICA BEARINGS CO. INC.

Date Approved

03/18/2021

SBA Office Code

0235

Processing Method

PPS

Borrower Name

JAMAICA BEARINGS CO. INC.

Borrower Address

1700 Jericho Tpke

Borrower City

New Hyde Park

Borrower State

NY

Borrower Zip

11040-4742

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49274

Servicing Lender Name

Citibank, N.A.

Servicing Lender Address

5800 S. Corporate Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Hyde Park

Project County Name

NASSAU

Project State

NY

Project Zip

11040-4742

CD

NY-03

Jobs Reported

131

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2014555.56

Forgiveness Date

12/16/2021

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