PPP Loan information for Microblue bearings inc.

$23,800

Microblue bearings inc. was initially approved for PPP Loan of amount $23,800, the current approved amount is $23,800. The loan was approved on 03/20/2021 by The Peoples Bank reported 3 jobs and $23,800 was used to fund payroll.

Microblue bearings inc. is Existing or more than 2 years old

MICROBLUE BEARINGS INC.

Date Approved

03/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MICROBLUE BEARINGS INC.

Borrower Address

7473 Hagers Hollow Dr Ste B

Borrower City

Denver

Borrower State

NC

Borrower Zip

28037-9269

Loan Status Date

05/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

23800.00

Current Approval Amount

23800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Denver

Project County Name

LINCOLN

Project State

NC

Project Zip

28037-9269

CD

NC-10

Jobs Reported

3

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

23794.00

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24046.59

Forgiveness Date

04/07/2022

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