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
- City
- Sudlersville
- State
- Maryland
- 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
Other PPP Loans in Sudlersville, MD
| Business | Approved | |
|---|---|---|
| The Harbor Sales Company | $1,062,000 | |
| Bearing Construction INC | $554,600 | |
| E T Kimble and Co INC | $86,502 | |
| Richard Brusca Nursery Inc. | $86,196 | |
| Phillips Garage INC | $69,200 |
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