PPP Loan information for Geartec, inc.

$558,200

Geartec, inc. was initially approved for PPP Loan of amount $558,200, the current approved amount is $558,200. The loan was approved on 04/10/2020 by The The Huntington National Bank reported 38 jobs and $558,200 was used to fund payroll.

Geartec, inc. is Existing or more than 2 years old

GEARTEC, INC.

Date Approved

04/10/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

GEARTEC, INC.

Borrower Address

4245 Hamman Pkwy

Borrower City

WILLOUGHBY

Borrower State

OH

Borrower Zip

44094

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

558200.00

Current Approval Amount

558200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLOUGHBY

Project County Name

LAKE

Project State

OH

Project Zip

44094-2900

CD

OH-14

Jobs Reported

38

NAICS Code

333612

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

558200.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

565510.13

Forgiveness Date

08/19/2021

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