PPP Loan information for Medical gear llc

$5,131,358

Medical gear llc was initially approved for PPP Loan of amount $5,131,358, the current approved amount is $5,131,358. The loan was approved on 04/27/2020 by The International Bank of Chicago reported 500 jobs and $5,131,358 was used to fund payroll.

Medical gear llc is Existing or more than 2 years old

PPP Loan Search / IL / ROLLING MEADOWS / Medical gear llc

MEDICAL GEAR LLC

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MEDICAL GEAR LLC

Borrower Address

3501 Algonquin Road, Ste 560

Borrower City

ROLLING MEADOWS

Borrower State

IL

Borrower Zip

60008-3103

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5131358.17

Current Approval Amount

5131358.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117945

Servicing Lender Name

International Bank of Chicago

Servicing Lender Address

5069 N Broadway

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60640-3014

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROLLING MEADOWS

Project County Name

COOK

Project State

IL

Project Zip

60008-3103

CD

IL-08

Jobs Reported

500

NAICS Code

621610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5131358.17

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

Limited Liability Company(LLC)

Originating Lender Location Id

117945

Originating Lender

International Bank of Chicago

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5189656.10

Forgiveness Date

06/11/2021

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