PPP Loan information for Geared mechanical inc.

$197,236

Geared mechanical inc. was initially approved for PPP Loan of amount $197,236, the current approved amount is $197,236. The loan was approved on 04/15/2020 by The Banner Bank reported 16 jobs and $197,236 was used to fund payroll.

Geared mechanical inc. is Existing or more than 2 years old

PPP Loan Search / OR / PORTLAND / Geared mechanical inc.

GEARED MECHANICAL INC.

Date Approved

04/15/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

GEARED MECHANICAL INC.

Borrower Address

12831 NE Airport Way

Borrower City

PORTLAND

Borrower State

OR

Borrower Zip

97230-1030

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197236.45

Current Approval Amount

197236.45

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79430

Servicing Lender Name

Banner Bank

Servicing Lender Address

10 S First Ave

Servicing Lender City

WALLA WALLA

Servicing Lender State

WA

Servicing Lender Zip

99362-1942

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORTLAND

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97230-1030

CD

OR-03

Jobs Reported

16

NAICS Code

332996

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9861.82

Payroll Proceed

157789.16

Mortgage Interest Proceed

0.00

Rent Proceed

29585.47

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

79430

Originating Lender

Banner Bank

Originating Lender City

WALLA WALLA

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

199349.31

Forgiveness Date

05/19/2021

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