PPP Loan information for Trans bearing company inc

$129,407

Trans bearing company inc was initially approved for PPP Loan of amount $129,407, the current approved amount is $129,407. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 7 jobs and $129,407 was used to fund payroll.

Trans bearing company inc is New Business or 2 years or less

PPP Loan Search / NJ / WALL TOWNSHIP / Trans bearing company inc

TRANS BEARING COMPANY INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

TRANS BEARING COMPANY INC

Borrower Address

1771 RTE 34 STE 4

Borrower City

WALL TOWNSHIP

Borrower State

NJ

Borrower Zip

07727-3983

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

129407.00

Current Approval Amount

129407.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WALL TOWNSHIP

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07727-3983

CD

NJ-04

Jobs Reported

7

NAICS Code

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

129407.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

130562.80

Forgiveness Date

03/24/2021

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