PPP Loan information for Grind n gears

$41,920

Grind n gears was initially approved for PPP Loan of amount $41,920, the current approved amount is $41,920. The loan was approved on 04/15/2020 by The Loan Source Incorporated reported 10 jobs and $41,920 was used to fund payroll.

Grind n gears is Existing or more than 2 years old

GRIND N GEARS

Date Approved

04/15/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

GRIND N GEARS

Borrower Address

7211 EAST HO RD

Borrower City

CAREFREE

Borrower State

AZ

Borrower Zip

85377

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41920.00

Current Approval Amount

41920.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAREFREE

Project County Name

MARICOPA

Project State

AZ

Project Zip

85377-0701

CD

AZ-01

Jobs Reported

10

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2500.00

Payroll Proceed

31440.00

Mortgage Interest Proceed

3200.00

Rent Proceed

4780.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

42331.16

Forgiveness Date

04/15/2021

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