Bearing Construction Inc.

$554,695 PPP Loan in Sudlersville, Maryland

Loan Details

Loan Number
8251888302
Date Approved
Jan 29, 2021
Loan Status
Paid in Full
Initial Approval
$554,695
Current Approval
$554,695
Forgiveness Amount
$561,822
Forgiveness Date
May 31, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Bearing Construction Inc.
Address
805 Shine Smith Rd
ZIP Code
21668-1561
Business Type
Corporation
Industry (NAICS)
Construction (237110)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$10.8M
Rural/Urban
Rural
Congressional District
MD-01

Loan Use Breakdown

Payroll
$554,695

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Northeast Bank

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