PPP Loan information for American roller bearing company

$2,000,000

American roller bearing company was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/30/2021 by The The Huntington National Bank reported 201 jobs and $2,000,000 was used to fund payroll.

American roller bearing company is Existing or more than 2 years old

PPP Loan Search / NC / Hickory / American roller bearing company

AMERICAN ROLLER BEARING COMPANY

Date Approved

01/30/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

AMERICAN ROLLER BEARING COMPANY

Borrower Address

1350 4th Street Dr. NW

Borrower City

Hickory

Borrower State

NC

Borrower Zip

28601

Loan Status Date

07/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hickory

Project County Name

CATAWBA

Project State

NC

Project Zip

28601

CD

NC-05

Jobs Reported

201

NAICS Code

332991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2026849.32

Forgiveness Date

06/30/2022

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