PPP Loan information for Pioneer motor bearing company

$910,145

Pioneer motor bearing company was initially approved for PPP Loan of amount $910,145, the current approved amount is $910,145. The loan was approved on 01/27/2021 by The First National Bank of Pennsylvania reported 57 jobs and $910,145 was used to fund payroll.

Pioneer motor bearing company is Existing or more than 2 years old

PIONEER MOTOR BEARING COMPANY

Date Approved

01/27/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

PIONEER MOTOR BEARING COMPANY

Borrower Address

129 Battleground Rd

Borrower City

Kings Mountain

Borrower State

NC

Borrower Zip

28086-8260

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

910145.00

Current Approval Amount

910145.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kings Mountain

Project County Name

CLEVELAND

Project State

NC

Project Zip

28086-8260

CD

NC-10

Jobs Reported

57

NAICS Code

333613

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

910145.00

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

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

913709.73

Forgiveness Date

06/25/2021

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