# PPP loan: BEARING TECHNOLOGIES, LTD
> **$1.72M** approved 04/09/2020 · Paid in Full · Loan `1114937103`
## Borrower
- **Name:** BEARING TECHNOLOGIES, LTD
- **Address:** 1141 Jaycox Road 0.0, Avon, OH, 44011-1366
- **NAICS:** 336390
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.72M
- **Initial approval:** $1.72M
- **Forgiven:** $1.74M (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.72M
- **Jobs reported:** 159
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*