PPP Loan information for Bearing and allied supply co, inc

$85,000

Bearing and allied supply co, inc was initially approved for PPP Loan of amount $85,000, the current approved amount is $85,000. The loan was approved on 04/08/2020 by The Bank of the Panhandle reported 7 jobs and $85,000 was used to fund payroll.

Bearing and allied supply co, inc is Existing or more than 2 years old

PPP Loan Search / OK / GUYMON / Bearing and allied supply co, inc

BEARING AND ALLIED SUPPLY CO, INC

Date Approved

04/08/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

BEARING AND ALLIED SUPPLY CO, INC

Borrower Address

2155 HIGHWAY 64

Borrower City

GUYMON

Borrower State

OK

Borrower Zip

73942-2742

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85000.00

Current Approval Amount

85000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58969

Servicing Lender Name

Bank of the Panhandle

Servicing Lender Address

1223 N Main St

Servicing Lender City

GUYMON

Servicing Lender State

OK

Servicing Lender Zip

73942-3615

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GUYMON

Project County Name

TEXAS

Project State

OK

Project Zip

73942-2742

CD

OK-03

Jobs Reported

7

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10625.00

Payroll Proceed

63750.00

Mortgage Interest Proceed

10625.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

58969

Originating Lender

Bank of the Panhandle

Originating Lender City

GUYMON

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

85417.92

Forgiveness Date

10/13/2020

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