Bearing Service & Supply INC

$1,100,725 PPP Loan in Shreveport, Louisiana

Loan Details

Loan Number
3225147703
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$1,100,725
Current Approval
$1,100,725
Forgiveness Amount
$1,111,422
Forgiveness Date
Apr 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bearing Service & Supply INC
Address
1327 N Market St
ZIP Code
71107
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423840)
Business Age
Existing or more than 2 years old
Jobs Reported
84
Estimated Revenue
$25.7M
Rural/Urban
Urban
Congressional District
LA-04

Loan Use Breakdown

Payroll
$972,240
Rent
$107,500
Utilities
$20,985

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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