PPP Loan information for Gear designs inc.

$118,300

Gear designs inc. was initially approved for PPP Loan of amount $118,300, the current approved amount is $118,300. The loan was approved on 04/28/2020 by The The Farmers National Bank of Canfield reported 19 jobs and $118,300 was used to fund payroll.

Gear designs inc. is Existing or more than 2 years old

PPP Loan Search / PA / GROVE CITY / Gear designs inc.

GEAR DESIGNS INC.

Date Approved

04/28/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

GEAR DESIGNS INC.

Borrower Address

405 ERIE ST

Borrower City

GROVE CITY

Borrower State

PA

Borrower Zip

16127-1668

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

118300.00

Current Approval Amount

118300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53390

Servicing Lender Name

The Farmers National Bank of Canfield

Servicing Lender Address

20 S Broad St

Servicing Lender City

Canfield

Servicing Lender State

OH

Servicing Lender Zip

44406-1401

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GROVE CITY

Project County Name

MERCER

Project State

PA

Project Zip

16127-1668

CD

PA-16

Jobs Reported

19

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

118300.00

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

53390

Originating Lender

The Farmers National Bank of Canfield

Originating Lender City

Canfield

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

119090.83

Forgiveness Date

12/31/2020

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