Bearings and Industrial Supply Co

$176,300 PPP Loan in Addison, Illinois

Loan Details

Loan Number
1985457205
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$176,300
Current Approval
$176,300
Forgiveness Amount
$177,769
Forgiveness Date
Feb 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bearings and Industrial Supply Co
Address
431 S Irmen Dr
ZIP Code
60101
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423840)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$176,300

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
Pnc Bank, National Association

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