PPP Loan information for Bearing distributors, inc.

$1,152,990

Bearing distributors, inc. was initially approved for PPP Loan of amount $1,152,990, the current approved amount is $1,152,990. The loan was approved on 04/15/2020 by The Synovus Bank reported 105 jobs and $1,152,990 was used to fund payroll.

Bearing distributors, inc. is Existing or more than 2 years old

PPP Loan Search / SC / COLUMBIA / Bearing distributors, inc.

BEARING DISTRIBUTORS, INC.

Date Approved

04/15/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

BEARING DISTRIBUTORS, INC.

Borrower Address

930 S STADIUM RD

Borrower City

COLUMBIA

Borrower State

SC

Borrower Zip

29201-4725

Loan Status Date

08/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1152990.00

Current Approval Amount

1152990.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COLUMBIA

Project County Name

RICHLAND

Project State

SC

Project Zip

29201-4725

CD

SC-06

Jobs Reported

105

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1152990.00

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

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1166794.29

Forgiveness Date

06/30/2021

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