PPP Loan information for Worldwide bearings inc

$57,990

Worldwide bearings inc was initially approved for PPP Loan of amount $57,990, the current approved amount is $57,990. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 3 jobs and $57,990 was used to fund payroll.

Worldwide bearings inc is Existing or more than 2 years old

PPP Loan Search / NJ / CEDAR GROVE / Worldwide bearings inc

WORLDWIDE BEARINGS INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

WORLDWIDE BEARINGS INC

Borrower Address

216 LITTLE FALLS RD STE 1

Borrower City

CEDAR GROVE

Borrower State

NJ

Borrower Zip

07009

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57990.00

Current Approval Amount

57990.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR GROVE

Project County Name

ESSEX

Project State

NJ

Project Zip

07009-0001

CD

NJ-11

Jobs Reported

3

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2103.00

Payroll Proceed

46392.00

Mortgage Interest Proceed

0.00

Rent Proceed

7500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1995.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

58572.51

Forgiveness Date

05/06/2021

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