PPP Loan information for Randall bearings inc

$1,575,000

Randall bearings inc was initially approved for PPP Loan of amount $1,575,000, the current approved amount is $1,575,000. The loan was approved on 03/02/2021 by The Premier Bank reported 96 jobs and $1,575,000 was used to fund payroll.

Randall bearings inc is Existing or more than 2 years old

PPP Loan Search / OH / Lima / Randall bearings inc

RANDALL BEARINGS INC

Date Approved

03/02/2021

SBA Office Code

0593

Processing Method

PPS

Borrower Name

RANDALL BEARINGS INC

Borrower Address

1046 S Greenlawn Ave

Borrower City

Lima

Borrower State

OH

Borrower Zip

45804-1100

Loan Status Date

02/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1575000.00

Current Approval Amount

1575000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84349

Servicing Lender Name

Premier Bank

Servicing Lender Address

275 W Federal St

Servicing Lender City

YOUNGSTOWN

Servicing Lender State

OH

Servicing Lender Zip

44503

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lima

Project County Name

ALLEN

Project State

OH

Project Zip

45804-1100

CD

OH-04

Jobs Reported

96

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1574996.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

84349

Originating Lender

Premier Bank

Originating Lender City

YOUNGSTOWN

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1588737.50

Forgiveness Date

01/12/2022

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