PPP Loan information for Gainshare inc

$303,182

Gainshare inc was initially approved for PPP Loan of amount $276,070, the current approved amount is $303,182. The loan was approved on 04/30/2020 by The Stearns Bank National Association reported 19 jobs and $303,182 was used to fund payroll.

Gainshare inc is Existing or more than 2 years old

GAINSHARE INC

Date Approved

04/30/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

GAINSHARE INC

Borrower Address

3110 N CENTRAL AVE

Borrower City

PHOENIX

Borrower State

AZ

Borrower Zip

85012

Loan Status Date

06/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

276070.00

Current Approval Amount

303182.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36581

Servicing Lender Name

Stearns Bank National Association

Servicing Lender Address

4191 2nd St South

Servicing Lender City

SAINT CLOUD

Servicing Lender State

MN

Servicing Lender Zip

56301-3761

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PHOENIX

Project County Name

MARICOPA

Project State

AZ

Project Zip

85012-0002

CD

AZ-03

Jobs Reported

19

NAICS Code

611420

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5886.00

Payroll Proceed

220856.00

Mortgage Interest Proceed

0.00

Rent Proceed

50640.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25800.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

295021.42

Forgiveness Date

12/17/2020

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