PPP Loan information for Hi-gear products inc

$149,737

Hi-gear products inc was initially approved for PPP Loan of amount $149,737, the current approved amount is $149,737. The loan was approved on 03/02/2021 by The Santander Bank, National Association reported 10 jobs and $149,737 was used to fund payroll.

Hi-gear products inc is Existing or more than 2 years old

HI-GEAR PRODUCTS INC

Date Approved

03/02/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

HI-GEAR PRODUCTS INC

Borrower Address

14 Brent Dr

Borrower City

Hudson

Borrower State

MA

Borrower Zip

01749-2904

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

149737.00

Current Approval Amount

149737.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hudson

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01749-2904

CD

MA-03

Jobs Reported

10

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

149737.00

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

Corporation

Originating Lender Location Id

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

150541.07

Forgiveness Date

09/17/2021

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