PPP Loan information for Gear communications llc

$92,987

Gear communications llc was initially approved for PPP Loan of amount $92,987, the current approved amount is $92,987. The loan was approved on 04/29/2020 by The StonehamBank reported 6 jobs and $92,987 was used to fund payroll.

Gear communications llc is Existing or more than 2 years old

GEAR COMMUNICATIONS LLC

Date Approved

04/29/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

GEAR COMMUNICATIONS LLC

Borrower Address

48 ELM ST

Borrower City

STONEHAM

Borrower State

MA

Borrower Zip

02180-1650

Loan Status Date

05/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92987.00

Current Approval Amount

92987.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89298

Servicing Lender Name

StonehamBank

Servicing Lender Address

80 Montvale Ave

Servicing Lender City

STONEHAM

Servicing Lender State

MA

Servicing Lender Zip

02180-2893

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STONEHAM

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02180-1650

CD

MA-05

Jobs Reported

6

NAICS Code

541820

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

92987.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

89298

Originating Lender

StonehamBank

Originating Lender City

STONEHAM

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

93834.21

Forgiveness Date

04/02/2021

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