PPP Loan information for Gear coop inc

$360,594

Gear coop inc was initially approved for PPP Loan of amount $360,594, the current approved amount is $360,594. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 42 jobs and $360,594 was used to fund payroll.

Gear coop inc is New Business or 2 years or less

GEAR COOP INC

Date Approved

05/01/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

GEAR COOP INC

Borrower Address

3315 Hyland Ave Ste C

Borrower City

Costa Mesa

Borrower State

CA

Borrower Zip

92626

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

360594.00

Current Approval Amount

360594.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Costa Mesa

Project County Name

ORANGE

Project State

CA

Project Zip

92626-0002

CD

CA-47

Jobs Reported

42

NAICS Code

451110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

360594.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

362797.08

Forgiveness Date

12/15/2020

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