PPP Loan information for Gears sports

$122,900

Gears sports was initially approved for PPP Loan of amount $122,900, the current approved amount is $122,900. The loan was approved on 01/30/2021 by The Wells Fargo Bank, National Association reported 6 jobs and $122,900 was used to fund payroll.

Gears sports is Existing or more than 2 years old

GEARS SPORTS

Date Approved

01/30/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

GEARS SPORTS

Borrower Address

1261 S 820 E Ste 210

Borrower City

American Fork

Borrower State

UT

Borrower Zip

84003-3875

Loan Status Date

09/13/2022

Loan Status

Charged Off

Term

41

SBA Guaranty Percentage

100

Initial Approval Amount

122900.00

Current Approval Amount

122900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

American Fork

Project County Name

UTAH

Project State

UT

Project Zip

84003-3875

CD

UT-03

Jobs Reported

6

NAICS Code

551112

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

122897.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;