PPP Loan information for Top gear, inc.

$103,500

Top gear, inc. was initially approved for PPP Loan of amount $103,500, the current approved amount is $103,500. The loan was approved on 04/29/2020 by The Union National Bank reported 7 jobs and $103,500 was used to fund payroll.

Top gear, inc. is Existing or more than 2 years old

TOP GEAR, INC.

Date Approved

04/29/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

TOP GEAR, INC.

Borrower Address

450 Kehoe Blvd.

Borrower City

CAROL STREAM

Borrower State

IL

Borrower Zip

60188

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

103500.00

Current Approval Amount

103500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21320

Servicing Lender Name

Union National Bank

Servicing Lender Address

101 E Chicago St

Servicing Lender City

ELGIN

Servicing Lender State

IL

Servicing Lender Zip

60120-5583

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAROL STREAM

Project County Name

DUPAGE

Project State

IL

Project Zip

60188-0001

CD

IL-08

Jobs Reported

7

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

103500.00

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

21320

Originating Lender

Union National Bank

Originating Lender City

ELGIN

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

96091.57

Forgiveness Date

12/09/2020

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