PPP Loan information for Gearlaunch inc.

$594,848

Gearlaunch inc. was initially approved for PPP Loan of amount $594,848, the current approved amount is $594,848. The loan was approved on 01/19/2021 by The Timberline Bank reported 29 jobs and $594,848 was used to fund payroll.

Gearlaunch inc. is Existing or more than 2 years old

PPP Loan Search / UT / Salt Lake City / Gearlaunch inc.

GEARLAUNCH INC.

Date Approved

01/19/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

GEARLAUNCH INC.

Borrower Address

10 W Broadway Ste 490

Borrower City

Salt Lake City

Borrower State

UT

Borrower Zip

84101-2058

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

594847.50

Current Approval Amount

594847.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

426411

Servicing Lender Name

Timberline Bank

Servicing Lender Address

649 Market Street

Servicing Lender City

GRAND JUNCTION

Servicing Lender State

CO

Servicing Lender Zip

81505

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salt Lake City

Project County Name

SALT LAKE

Project State

UT

Project Zip

84101-2058

CD

UT-02

Jobs Reported

29

NAICS Code

454110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

594841.50

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

Corporation

Originating Lender Location Id

426411

Originating Lender

Timberline Bank

Originating Lender City

GRAND JUNCTION

Originating Lender State

CO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

597920.88

Forgiveness Date

08/03/2021

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