AMERICAN ROLLER BEARING COMPANY (NC) - 2020 PPP Loan Borrower Profile (# 9426638305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN ROLLER BEARING COMPANY. 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

9426638305

SBA Office Code

0460

Processing Method

PPS

Curent Loan Amount

$2,000,000

Date Loan was Approved

Jan 30, 2021

Amount Forgiven

$2,026,849.32

Date Loan was Forgiven

Jun 30, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

1,999,996

Lender

The Huntington National Bank

Business Detail

Business Type

Corporation

NAICS

332991

Borrower Location

Hickory, NC

Project Location

Hickory, NC

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

201

Business Age Description

Existing or more than 2 years old

Data Source: SBA.