Bearings & Drives Unlimited Inc.

$1,632,300 PPP Loan in Souderton, Pennsylvania

Loan Details

Loan Number
2640857108
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,632,300
Current Approval
$1,632,300
Forgiveness Amount
$1,641,647
Forgiveness Date
Nov 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Bearings & Drives Unlimited Inc.
Address
3443 Bethlehem Pike
ZIP Code
18964-1031
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423850)
Business Age
Existing or more than 2 years old
Jobs Reported
155
Estimated Revenue
$47.5M
Rural/Urban
Urban
Congressional District
PA-01

Loan Use Breakdown

Payroll
$1,632,300

Lender Information

Servicing Lender
Univest Bank and Trust Co
Originating Lender
Univest Bank and Trust Co

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