PPP Loan information for Gearhead auto corporation

$70,418

Gearhead auto corporation was initially approved for PPP Loan of amount $70,418, the current approved amount is $70,418. The loan was approved on 01/25/2021 by The Wheaton Bank & Trust Company, National Association reported 9 jobs and $70,418 was used to fund payroll.

Gearhead auto corporation is Existing or more than 2 years old

GEARHEAD AUTO CORPORATION

Date Approved

01/25/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

GEARHEAD AUTO CORPORATION

Borrower Address

474 Forest Ave

Borrower City

Glen Ellyn

Borrower State

IL

Borrower Zip

60137-4165

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70418.00

Current Approval Amount

70418.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118394

Servicing Lender Name

Wheaton Bank & Trust Company, National Association

Servicing Lender Address

100 N Wheaton Ave

Servicing Lender City

WHEATON

Servicing Lender State

IL

Servicing Lender Zip

60187-5122

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Glen Ellyn

Project County Name

DUPAGE

Project State

IL

Project Zip

60137-4165

CD

IL-06

Jobs Reported

9

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

70412.00

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

118394

Originating Lender

Wheaton Bank & Trust Company, National Association

Originating Lender City

WHEATON

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

71071.32

Forgiveness Date

01/04/2022

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