SOUDERTON, PA
As part of the Paycheck Protection Program BEARINGS & DRIVES UNLIMITED INC was approved for a loan.
The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.
| Loan Amount | $1,632,300 |
| BusinessName | BEARINGS & DRIVES UNLIMITED INC |
| Address | 3443 Bethlehem Pike |
| City | SOUDERTON |
| State | PA |
| Zip | 18964 |
| NAICSCode | 423850 |
| BusinessType | Corporation |
| RaceEthnicity | Unanswered |
| Gender | Unanswered |
| Veteran | Unanswered |
| NonProfit | |
| JobsReported | 155 |
| DateApproved | 04/11/2020 |
| Lender | Univest Bank and Trust Co. |
| CD | PA-01 |
| BusinessName.clean | BEARINGS DRIVES UNLIMITED |
The data come from a release of over 5 million records by the SBA in November, 2020.
Entities affected by Coronavirus (COVID-19) may have been eligible, including:
More info about the PPP is available from the Small Business Administration.
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