PPP Loan information for Bearing contracting llc

$1,026,300

Bearing contracting llc was initially approved for PPP Loan of amount $1,026,300, the current approved amount is $1,026,300. The loan was approved on 02/07/2021 by The TowneBank reported 59 jobs and $1,026,300 was used to fund payroll.

Bearing contracting llc is Existing or more than 2 years old

PPP Loan Search / VA / Richmond / Bearing contracting llc

BEARING CONTRACTING LLC

Date Approved

02/07/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

BEARING CONTRACTING LLC

Borrower Address

3000 W Leigh St

Borrower City

Richmond

Borrower State

VA

Borrower Zip

23230-4506

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1026300.00

Current Approval Amount

1026300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Richmond

Project County Name

RICHMOND CITY

Project State

VA

Project Zip

23230-4506

CD

VA-04

Jobs Reported

59

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1026300.00

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

Subchapter S Corporation

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1030832.83

Forgiveness Date

08/11/2021

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