Lone Star Bearing INC

$231,800 PPP Loan in Lubbock, Texas

Loan Details

Loan Number
4967167005
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$231,800
Current Approval
$231,800
Forgiveness Amount
$233,609
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lone Star Bearing INC
Address
702 E. 34th
State
Texas
ZIP Code
79404-2222
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$6.7M
Rural/Urban
Urban
Congressional District
TX-19

Loan Use Breakdown

Payroll
$185,440
Rent
$23,180
Utilities
$23,180

Lender Information

Servicing Lender
City Bank
Originating Lender
City Bank

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