PPP Loan information for Gage products company

$1,788,100

Gage products company was initially approved for PPP Loan of amount $1,788,100, the current approved amount is $1,788,100. The loan was approved on 04/08/2020 by The CIBC Bank USA reported 104 jobs and $1,788,100 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

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GAGE PRODUCTS COMPANY

Borrower Address

821 WANDA ST

Borrower City

FERNDALE

Borrower State

MI

Borrower Zip

48220-2659

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1788100.00

Current Approval Amount

1788100.00

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

48220-2659

CD

MI-11

Jobs Reported

104

NAICS Code

424690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1788100.00

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

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

1803286.60

Forgiveness Date

02/19/2021

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