PPP Loan information for First gear inc.

$267,000

First gear inc. was initially approved for PPP Loan of amount $267,000, the current approved amount is $267,000. The loan was approved on 04/07/2020 by The Dupaco Community CU reported 20 jobs and $267,000 was used to fund payroll.

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

PPP Loan Search / IA / PEOSTA / First gear inc.

FIRST GEAR INC.

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

FIRST GEAR INC.

Borrower Address

8668 KAPP DR

Borrower City

PEOSTA

Borrower State

IA

Borrower Zip

52068-9568

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

267000.00

Current Approval Amount

267000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

96921

Servicing Lender Name

Dupaco Community CU

Servicing Lender Address

1000 Jackson St

Servicing Lender City

DUBUQUE

Servicing Lender State

IA

Servicing Lender Zip

52001

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEOSTA

Project County Name

DUBUQUE

Project State

IA

Project Zip

52068-9568

CD

IA-02

Jobs Reported

20

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16688.00

Payroll Proceed

200250.00

Mortgage Interest Proceed

16687.00

Rent Proceed

16688.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

16687

Business Type

Subchapter S Corporation

Originating Lender Location Id

96921

Originating Lender

Dupaco Community CU

Originating Lender City

DUBUQUE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

269143.42

Forgiveness Date

01/28/2021

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