# PPP loan: EDGERTON GEAR, INC.
> **$514K** approved 04/10/2020 · Paid in Full · Loan `1417067110`
## Borrower
- **Name:** EDGERTON GEAR, INC.
- **Address:** 20 GEAR DR, EDGERTON, WI, 53534-9400
- **NAICS:** 332312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $514K
- **Initial approval:** $514K
- **Forgiven:** $517K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $386K
- **Mortgage interest:** $64K
- **Utilities:** $64K
- **Jobs reported:** 40
## Lender
- **Originating:** Johnson Bank
- **Servicing:** Johnson Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*