Geargrid, LLC
$355,546 PPP Loan in Forest Lake, Minnesota
Loan Details
- Loan Number
- 5397577001
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $355,546
- Current Approval
- $355,546
- Forgiveness Amount
- $358,045
- Forgiveness Date
- Dec 28, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Geargrid, LLC
- Address
- 670 15th St SW
- City
- Forest Lake
- State
- Minnesota
- ZIP Code
- 55025-1309
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332618)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 30
- Estimated Revenue
- $7.3M
- Rural/Urban
- Urban
- Congressional District
- MN-08
Loan Use Breakdown
- Payroll
- $297,018
- Rent
- $44,000
- Utilities
- $14,528
Lender Information
- Servicing Lender
- Scale Bank
- Originating Lender
- Scale Bank
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