PPP Loan information for Gearheads automotive specialists, llc

$44,500

Gearheads automotive specialists, llc was initially approved for PPP Loan of amount $44,500, the current approved amount is $44,500. The loan was approved on 04/14/2020 by The 1st State Bank reported 4 jobs and $44,500 was used to fund payroll.

Gearheads automotive specialists, llc is New Business or 2 years or less

PPP Loan Search / MI / BAY CITY / Gearheads automotive specialists, llc

GEARHEADS AUTOMOTIVE SPECIALISTS, LLC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GEARHEADS AUTOMOTIVE SPECIALISTS, LLC

Borrower Address

106 S. EUCLID AVE

Borrower City

BAY CITY

Borrower State

MI

Borrower Zip

48706-2908

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44500.00

Current Approval Amount

44500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BAY CITY

Project County Name

BAY

Project State

MI

Project Zip

48706-2908

CD

MI-08

Jobs Reported

4

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2280.00

Payroll Proceed

37160.00

Mortgage Interest Proceed

0.00

Rent Proceed

5060.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

44848.58

Forgiveness Date

02/04/2021

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