American Gear Inc.

$64,800 PPP Loan in Prophetstown, Illinois

Loan Details

Loan Number
8381358305
Date Approved
Jan 29, 2021
Loan Status
Paid in Full
Initial Approval
$64,800
Current Approval
$64,800
Forgiveness Amount
$65,031
Forgiveness Date
Jun 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
American Gear Inc.
Address
910 Swanson Dr
ZIP Code
61277-9524
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333612)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-17

Loan Use Breakdown

Payroll
$64,798
Utilities
$1

Lender Information

Servicing Lender
Ih Mississippi Valley Credit Union
Originating Lender
Ih Mississippi Valley Credit Union

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