AMERICAN BEARING & SUPPLY LLC (LA) - 2020 PPP Loan Borrower Profile (# 2877708408)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN BEARING & SUPPLY LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Louisiana.

Loan Detail

Loan Number

2877708408

SBA Office Code

0679

Processing Method

PPS

Curent Loan Amount

$20,900

Date Loan was Approved

Feb 4, 2021

Amount Forgiven

$21,038.75

Date Loan was Forgiven

Oct 6, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

20,893

Lender

Metairie Bank & Trust Company

Business Detail

Business Type

Corporation

NAICS

423840

Borrower Location

Jefferson, LA

Project Location

Jefferson, LA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.