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Nes Bearing Company Inc.

$664,750 PPP Loan in Olean, New York

Loan Details

Loan Number
1627978302
Date Approved
Jan 19, 2021
Loan Status
Paid in Full
Initial Approval
$664,750
Current Approval
$664,750
Forgiveness Amount
$673,656
Forgiveness Date
Jun 3, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Nes Bearing Company Inc.
Address
1601 Johnson St
City
Olean
State
New York
ZIP Code
14760-1127
Business Type
Corporation
Industry (NAICS)
Manufacturing (332991)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$11.7M
Rural/Urban
Rural
Congressional District
NY-23

Loan Use Breakdown

Payroll
$664,748
Utilities
$1

Lender Information

Servicing Lender
High Point Federal Credit Union
Originating Lender
High Point Federal Credit Union

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