PPP Loan information for Global gear and machine

$157,250

Global gear and machine was initially approved for PPP Loan of amount $157,250, the current approved amount is $157,250. The loan was approved on 04/29/2020 by The The City National Bank of Metropolis reported 15 jobs and $157,250 was used to fund payroll.

Global gear and machine is Existing or more than 2 years old

PPP Loan Search / KY / PADUCAH / Global gear and machine

GLOBAL GEAR AND MACHINE

Date Approved

04/29/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

GLOBAL GEAR AND MACHINE

Borrower Address

3725 Carolina St

Borrower City

PADUCAH

Borrower State

KY

Borrower Zip

42003

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157250.00

Current Approval Amount

157250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21960

Servicing Lender Name

The City National Bank of Metropolis

Servicing Lender Address

423 Ferry St

Servicing Lender City

METROPOLIS

Servicing Lender State

IL

Servicing Lender Zip

62960-1852

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PADUCAH

Project County Name

MCCRACKEN

Project State

KY

Project Zip

42003-0100

CD

KY-01

Jobs Reported

15

NAICS Code

333519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10483.33

Payroll Proceed

125800.00

Mortgage Interest Proceed

10483.33

Rent Proceed

10483.34

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

21960

Originating Lender

The City National Bank of Metropolis

Originating Lender City

METROPOLIS

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

148162.13

Forgiveness Date

12/15/2020

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