PPP Loan information for Golden gears automotive inc

$86,976

Golden gears automotive inc was initially approved for PPP Loan of amount $86,976, the current approved amount is $86,976. The loan was approved on 02/03/2021 by The Bank of America, National Association reported 7 jobs and $86,976 was used to fund payroll.

Golden gears automotive inc is Existing or more than 2 years old

GOLDEN GEARS AUTOMOTIVE INC

Date Approved

02/03/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

GOLDEN GEARS AUTOMOTIVE INC

Borrower Address

12025 Nebel St

Borrower City

Rockville

Borrower State

MD

Borrower Zip

20852-2609

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

86976.00

Current Approval Amount

86976.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockville

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20852-2609

CD

MD-08

Jobs Reported

7

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

86976.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

87421.60

Forgiveness Date

08/11/2021

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