# PPP loan: GEAR WEST SKI & BIKE, INC.
> **$185K** approved 04/04/2020 · Paid in Full · Loan `4638047003`
## Borrower
- **Name:** GEAR WEST SKI & BIKE, INC.
- **Address:** 1786 W Wayzata Blvd, LONG LAKE, MN, 55356-9463
- **NAICS:** 451110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $185K
- **Initial approval:** $168K
- **Forgiven:** $186K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $148K
- **Rent:** $37K
- **Jobs reported:** 18
## Lender
- **Originating:** MidCountry Bank
- **Servicing:** MidCountry Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*