ALLIED BEARINGS & SUPPLY INC. (NC) - 2020 PPP Loan Borrower Profile (# 4833157301)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALLIED BEARINGS & SUPPLY INC.. 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 North Carolina.

Loan Detail

Loan Number

4833157301

SBA Office Code

0460

Processing Method

PPP

Curent Loan Amount

$195,100

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$197,542.76

Date Loan was Forgiven

Aug 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

195,100

Lender

First-Citizens Bank & Trust Company

Business Detail

Business Type

Corporation

NAICS

423830

Borrower Location

STATESVILLE, NC

Project Location

STATESVILLE, NC

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.