PPP Loan information for Lone star bearing inc

$242,507

Lone star bearing inc was initially approved for PPP Loan of amount $242,507, the current approved amount is $242,507. The loan was approved on 01/30/2021 by The City Bank reported 18 jobs and $242,507 was used to fund payroll.

Lone star bearing inc is Existing or more than 2 years old

PPP Loan Search / TX / Lubbock / Lone star bearing inc

LONE STAR BEARING INC

Date Approved

01/30/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

LONE STAR BEARING INC

Borrower Address

702 E 34th St

Borrower City

Lubbock

Borrower State

TX

Borrower Zip

79404-2222

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

242506.85

Current Approval Amount

242506.85

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71330

Servicing Lender Name

City Bank

Servicing Lender Address

5219 City Bank Pkwy

Servicing Lender City

LUBBOCK

Servicing Lender State

TX

Servicing Lender Zip

79407-3544

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lubbock

Project County Name

LUBBOCK

Project State

TX

Project Zip

79404-2222

CD

TX-19

Jobs Reported

18

NAICS Code

423990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

242505.85

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

71330

Originating Lender

City Bank

Originating Lender City

LUBBOCK

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

243887.79

Forgiveness Date

08/26/2021

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