PPP Loan information for Gage products company

$1,806,678

Gage products company was initially approved for PPP Loan of amount $1,806,678, the current approved amount is $1,806,678. The loan was approved on 02/06/2021 by The CIBC Bank USA reported 104 jobs and $1,806,678 was used to fund payroll.

Gage products company is Existing or more than 2 years old

PPP Loan Search / MI / Ferndale / Gage products company

GAGE PRODUCTS COMPANY

Date Approved

02/06/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

GAGE PRODUCTS COMPANY

Borrower Address

821 Wanda St

Borrower City

Ferndale

Borrower State

MI

Borrower Zip

48220-2943

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1806677.50

Current Approval Amount

1806677.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ferndale

Project County Name

OAKLAND

Project State

MI

Project Zip

48220-2943

CD

MI-11

Jobs Reported

104

NAICS Code

424690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1806675.50

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

Subchapter S Corporation

Originating Lender Location Id

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1818903.51

Forgiveness Date

10/25/2021

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