PPP Loan information for First gear, inc.

$274,700

First gear, inc. was initially approved for PPP Loan of amount $274,700, the current approved amount is $274,700. The loan was approved on 04/10/2020 by The Old National Bank reported 25 jobs and $274,700 was used to fund payroll.

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

FIRST GEAR, INC.

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

FIRST GEAR, INC.

Borrower Address

7606 FREEDOM WAY

Borrower City

FORT WAYNE

Borrower State

IN

Borrower Zip

46818-2165

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

274700.00

Current Approval Amount

274700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT WAYNE

Project County Name

ALLEN

Project State

IN

Project Zip

46818-2165

CD

IN-03

Jobs Reported

25

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

274700.00

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

Subchapter S Corporation

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

276190.15

Forgiveness Date

11/03/2020

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