Gear/tronics, Inc.
$286,500 PPP Loan in North Billerica, Massachusetts
Loan Details
- Loan Number
- 7264317206
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $286,500
- Current Approval
- $286,500
- Forgiveness Amount
- $288,903
- Forgiveness Date
- Mar 5, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Gear/tronics, Inc.
- Address
- 100 Chelmsford Rd
- City
- North Billerica
- State
- Massachusetts
- ZIP Code
- 01862-1328
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (331313)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 25
- Estimated Revenue
- $6.5M
- Rural/Urban
- Urban
- Congressional District
- MA-03
Loan Use Breakdown
- Payroll
- $207,800
- Rent
- $41,100
- Utilities
- $16,300
- Health Care
- $21,300
Lender Information
- Servicing Lender
- Enterprise Bank and Trust Company
- Originating Lender
- Enterprise Bank and Trust Company
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