PPP Loan information for Northern gear, llc

$587,100

Northern gear, llc was initially approved for PPP Loan of amount $587,100, the current approved amount is $587,100. The loan was approved on 04/03/2020 by The Spring Bank reported 51 jobs and $587,100 was used to fund payroll.

Northern gear, llc is Existing or more than 2 years old

NORTHERN GEAR, LLC

Date Approved

04/03/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

NORTHERN GEAR, LLC

Borrower Address

W160 S6609 Commerce Dr.

Borrower City

MUSKEGO

Borrower State

WI

Borrower Zip

53150

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

587100.00

Current Approval Amount

587100.00

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

53150-0001

CD

WI-05

Jobs Reported

51

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

587100.00

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

580498.48

Forgiveness Date

11/13/2020

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