Bearing Distributors, INC

$142,985 PPP Loan in Troy, New York

Loan Details

Loan Number
8269567106
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$142,985
Current Approval
$142,985
Forgiveness Amount
$143,847
Forgiveness Date
Nov 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Bearing Distributors, INC
Address
1 Spring Ave
City
Troy
ZIP Code
12180
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423840)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NY-20

Loan Use Breakdown

Payroll
$129,567
Rent
$7,000
Utilities
$2,000
Health Care
$4,418

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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