Bearings and Drives, Inc.
$325,500 PPP Loan in South El Monte, California
Loan Details
- Loan Number
- 8215467203
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $325,500
- Current Approval
- $325,500
- Forgiveness Amount
- $329,816
- Forgiveness Date
- Sep 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Bearings and Drives, Inc.
- Address
- 9508 Rush Street
- City
- South El Monte
- State
- California
- ZIP Code
- 91733-1537
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (423840)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 22
- Estimated Revenue
- $6.7M
- Rural/Urban
- Urban
- Congressional District
- CA-31
Loan Use Breakdown
- Payroll
- $244,125
- Utilities
- $81,375
Lender Information
- Servicing Lender
- California Bank of Commerce, NA
- Originating Lender
- California Bank of Commerce, NA
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