PPP Loan information for Central gear inc

$162,520

Central gear inc was initially approved for PPP Loan of amount $162,520, the current approved amount is $162,520. The loan was approved on 04/28/2020 by The Superior National Bank reported 13 jobs and $162,520 was used to fund payroll.

Central gear inc is Existing or more than 2 years old

PPP Loan Search / MI / MADISON HEIGHTS / Central gear inc

CENTRAL GEAR INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CENTRAL GEAR INC

Borrower Address

540 Ajax Drive

Borrower City

MADISON HEIGHTS

Borrower State

MI

Borrower Zip

48071-0410

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

162520.00

Current Approval Amount

162520.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35292

Servicing Lender Name

Superior National Bank

Servicing Lender Address

235 Quincy St

Servicing Lender City

HANCOCK

Servicing Lender State

MI

Servicing Lender Zip

49930-1816

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISON HEIGHTS

Project County Name

OAKLAND

Project State

MI

Project Zip

48071-0410

CD

MI-11

Jobs Reported

13

NAICS Code

333515

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

162520.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

35292

Originating Lender

Superior National Bank

Originating Lender City

HANCOCK

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

164109.58

Forgiveness Date

04/28/2021

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