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Global Gear and Machine

$157,250 PPP Loan in Paducah, Kentucky

Loan Details

Loan Number
4281847308
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$157,250
Current Approval
$157,250
Forgiveness Amount
$158,240
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Global Gear and Machine
Address
3725 Carolina St
City
Paducah
State
Kentucky
ZIP Code
42003
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333519)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
KY-01

Loan Use Breakdown

Payroll
$125,800
Rent
$10,483
Utilities
$10,483
Mortgage Interest
$10,483

Lender Information

Servicing Lender
The City National Bank of Metropolis
Originating Lender
The City National Bank of Metropolis

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