PPP Loan information for American metal bearing company

$635,620

American metal bearing company was initially approved for PPP Loan of amount $635,620, the current approved amount is $635,620. The loan was approved on 04/30/2020 by The BMO Harris Bank National Association reported 27 jobs and $635,620 was used to fund payroll.

American metal bearing company is New Business or 2 years or less

AMERICAN METAL BEARING COMPANY

Date Approved

04/30/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

AMERICAN METAL BEARING COMPANY

Borrower Address

7191 Acacia Avenue

Borrower City

Garden Grove

Borrower State

CA

Borrower Zip

92841

Loan Status Date

02/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

635620.00

Current Approval Amount

635620.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Garden Grove

Project County Name

ORANGE

Project State

CA

Project Zip

92841-1000

CD

CA-45

Jobs Reported

27

NAICS Code

332991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

635620.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

642294.01

Forgiveness Date

05/21/2021

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