PPP Loan information for Gears inc.

$110,000

Gears inc. was initially approved for PPP Loan of amount $110,000, the current approved amount is $110,000. The loan was approved on 04/22/2021 by The BMO Harris Bank National Association reported 7 jobs and $110,000 was used to fund payroll.

Gears inc. is Existing or more than 2 years old

PPP Loan Search / CO / Colorado Springs / Gears inc.

GEARS INC.

Date Approved

04/22/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

GEARS INC.

Borrower Address

3425 Astrozon Blvd

Borrower City

Colorado Springs

Borrower State

CO

Borrower Zip

80910-1035

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

110000.00

Current Approval Amount

110000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Colorado Springs

Project County Name

EL PASO

Project State

CO

Project Zip

80910-1035

CD

CO-05

Jobs Reported

7

NAICS Code

333120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

109997.00

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

Corporation

Originating Lender Location Id

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

110623.33

Forgiveness Date

11/22/2021

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