PPP Loan information for Gage rite products inc

$195,936

Gage rite products inc was initially approved for PPP Loan of amount $195,936, the current approved amount is $195,936. The loan was approved on 07/24/2020 by The Bank of America, National Association reported 25 jobs and $195,936 was used to fund payroll.

Gage rite products inc is Existing or more than 2 years old

PPP Loan Search / MI / TROY / Gage rite products inc

GAGE RITE PRODUCTS INC

Date Approved

07/24/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GAGE RITE PRODUCTS INC

Borrower Address

356 EXECUTIVE DR

Borrower City

TROY

Borrower State

MI

Borrower Zip

48083-4532

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

195936.00

Current Approval Amount

195936.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TROY

Project County Name

OAKLAND

Project State

MI

Project Zip

48083-4532

CD

MI-11

Jobs Reported

25

NAICS Code

561499

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

195936.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

198088.61

Forgiveness Date

09/02/2021

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