U S Bearing and Power Transmission Corporation

$386,723 PPP Loan in Scott Depot, West Virginia

Loan Details

Loan Number
9987997007
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$386,723
Current Approval
$386,723
Forgiveness Amount
$389,912
Forgiveness Date
Feb 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
U S Bearing and Power Transmission Corporation
Address
6829 Teays Valley Rd
ZIP Code
25560-7096
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423840)
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$12.9M
Rural/Urban
Rural
Congressional District
WV-01

Loan Use Breakdown

Payroll
$386,723

Lender Information

Servicing Lender
Wesbanco Bank, Inc.
Originating Lender
Wesbanco Bank, Inc.

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