PPP Loan information for Northern gear llc

$416,300

Northern gear llc was initially approved for PPP Loan of amount $416,300, the current approved amount is $416,300. The loan was approved on 01/23/2021 by The Spring Bank reported 50 jobs and $416,300 was used to fund payroll.

Northern gear llc is Existing or more than 2 years old

NORTHERN GEAR LLC

Date Approved

01/23/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

NORTHERN GEAR LLC

Borrower Address

W160S6609 Commerce Dr

Borrower City

Muskego

Borrower State

WI

Borrower Zip

53150-7961

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

416300.00

Current Approval Amount

416300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

458219

Servicing Lender Name

Spring Bank

Servicing Lender Address

16620 W Bluemound Rd, Ste 100

Servicing Lender City

BROOKFIELD

Servicing Lender State

WI

Servicing Lender Zip

53005-5965

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Muskego

Project County Name

WAUKESHA

Project State

WI

Project Zip

53150-7961

CD

WI-05

Jobs Reported

50

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

416297.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

458219

Originating Lender

Spring Bank

Originating Lender City

BROOKFIELD

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

421064.32

Forgiveness Date

03/23/2022

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