American Roller Bearing Company

$2,000,000 PPP Loan in Hickory, North Carolina

Loan Details

Loan Number
9426638305
Date Approved
Jan 30, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,026,849
Forgiveness Date
Jun 30, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
American Roller Bearing Company
Address
1350 4th Street Dr. NW
ZIP Code
28601
Business Type
Corporation
Industry (NAICS)
Manufacturing (332991)
Business Age
Existing or more than 2 years old
Jobs Reported
201
Estimated Revenue
$49.1M
Rural/Urban
Rural
Congressional District
NC-05

Loan Use Breakdown

Payroll
$1,999,996
Utilities
$1

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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