American Gear, Inc.
$64,800 PPP Loan in Prophetstown, Illinois
Loan Details
- Loan Number
- 9197987010
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $64,800
- Current Approval
- $64,800
- Forgiveness Amount
- $58,264
- Forgiveness Date
- Nov 12, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- American Gear, Inc.
- Address
- 910 Swanson Drive
- City
- Prophetstown
- State
- Illinois
- ZIP Code
- 61277-9524
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332722)
- 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
- $64,800
Lender Information
- Servicing Lender
- Ih Mississippi Valley Credit Union
- Originating Lender
- Ih Mississippi Valley Credit Union
Other PPP Loans in Prophetstown, IL
| Business | Approved | |
|---|---|---|
| Rock River Lumber & Grain Co. | $1,603,191 | |
| Rock River Lumber & Grain Co | $1,353,800 | |
| Winning Wheels Inc. | $865,220 | |
| Genesis Iii, Inc. | $357,830 | |
| Allure of Prophetstown, LLC | $307,294 |
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