PPP Loan information for American gear company, inc

$38,530

American gear company, inc was initially approved for PPP Loan of amount $38,530, the current approved amount is $38,530. The loan was approved on 01/29/2021 by The Cache Valley Bank reported 10 jobs and $38,530 was used to fund payroll.

American gear company, inc is Existing or more than 2 years old

AMERICAN GEAR COMPANY, INC

Date Approved

01/29/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

AMERICAN GEAR COMPANY, INC

Borrower Address

1529 S Sandhill Dr

Borrower City

Washington

Borrower State

UT

Borrower Zip

84780-8161

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

38530.00

Current Approval Amount

38530.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

WASHINGTON

Project State

UT

Project Zip

84780-8161

CD

UT-02

Jobs Reported

10

NAICS Code

339920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

38527.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

38710.88

Forgiveness Date

08/02/2021

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