PPP Loan information for Performance gear systems inc.

$831,300

Performance gear systems inc. was initially approved for PPP Loan of amount $831,300, the current approved amount is $831,300. The loan was approved on 04/05/2020 by The Busey Bank reported 59 jobs and $831,300 was used to fund payroll.

Performance gear systems inc. is Unanswered

PPP Loan Search / IL / PLAINFIELD / Performance gear systems inc.

PERFORMANCE GEAR SYSTEMS INC.

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PERFORMANCE GEAR SYSTEMS INC.

Borrower Address

14309 South Rt. 59

Borrower City

PLAINFIELD

Borrower State

IL

Borrower Zip

60544

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

831300.00

Current Approval Amount

831300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

PLAINFIELD

Project County Name

WILL

Project State

IL

Project Zip

60544-0001

CD

IL-14

Jobs Reported

59

NAICS Code

326199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

623475.00

Mortgage Interest Proceed

0.00

Rent Proceed

207825.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

838155.38

Forgiveness Date

02/12/2021

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