PPP Loan information for Hi-gear products, inc

$199,810

Hi-gear products, inc was initially approved for PPP Loan of amount $199,810, the current approved amount is $199,810. The loan was approved on 04/27/2020 by The Santander Bank, National Association reported 13 jobs and $199,810 was used to fund payroll.

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

PPP Loan Search / MA / Hudson / Hi-gear products, inc

HI-GEAR PRODUCTS, INC

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

HI-GEAR PRODUCTS, INC

Borrower Address

14 BRENT DRIVE

Borrower City

Hudson

Borrower State

MA

Borrower Zip

01749

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

199810.00

Current Approval Amount

199810.00

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

01749-0001

CD

MA-03

Jobs Reported

13

NAICS Code

423120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

199810.00

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

201912.11

Forgiveness Date

05/21/2021

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