PPP Loan information for Gearheart industry llc

$42,983

Gearheart industry llc was initially approved for PPP Loan of amount $42,983, the current approved amount is $42,983. The loan was approved on 04/30/2020 by The Tandem Bank reported 6 jobs and $42,983 was used to fund payroll.

Gearheart industry llc is Existing or more than 2 years old

GEARHEART INDUSTRY LLC

Date Approved

04/30/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

GEARHEART INDUSTRY LLC

Borrower Address

1625 Rock Mountain Blvd, Ste D

Borrower City

Stone Mountain

Borrower State

GA

Borrower Zip

30083-1500

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42982.50

Current Approval Amount

42982.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

526415

Servicing Lender Name

Tandem Bank

Servicing Lender Address

2356 Main St

Servicing Lender City

TUCKER

Servicing Lender State

GA

Servicing Lender Zip

30084

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Stone Mountain

Project County Name

DEKALB

Project State

GA

Project Zip

30083-1500

CD

GA-04

Jobs Reported

6

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

800.00

Payroll Proceed

36282.50

Mortgage Interest Proceed

0.00

Rent Proceed

5400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

500.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

526415

Originating Lender

Tandem Bank

Originating Lender City

TUCKER

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

43452.92

Forgiveness Date

06/09/2021

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