PPP Loan information for Peerless gear, llc

$566,000

Peerless gear, llc was initially approved for PPP Loan of amount $566,000, the current approved amount is $566,000. The loan was approved on 04/09/2020 by The Blackhawk Bank reported 56 jobs and $566,000 was used to fund payroll.

Peerless gear, llc is New Business or 2 years or less

PPP Loan Search / IN / SALEM / Peerless gear, llc

PEERLESS GEAR, LLC

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PEERLESS GEAR, LLC

Borrower Address

1555 S JACKSON ST

Borrower City

SALEM

Borrower State

IN

Borrower Zip

47167-9189

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

566000.00

Current Approval Amount

566000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117081

Servicing Lender Name

Blackhawk Bank

Servicing Lender Address

400 Broad St

Servicing Lender City

BELOIT

Servicing Lender State

WI

Servicing Lender Zip

53511-6223

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SALEM

Project County Name

WASHINGTON

Project State

IN

Project Zip

47167-9189

CD

IN-09

Jobs Reported

56

NAICS Code

333612

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

59000.00

Payroll Proceed

452000.00

Mortgage Interest Proceed

0.00

Rent Proceed

55000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

117081

Originating Lender

Blackhawk Bank

Originating Lender City

BELOIT

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

571487.06

Forgiveness Date

03/31/2021

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