# PPP loan: INDUSTRIAL MAINTENANCE & GEARS INC.
> **$430K** approved 04/02/2021 · Paid in Full · Loan `5182998705`
## Borrower
- **Name:** INDUSTRIAL MAINTENANCE & GEARS INC.
- **Address:** 8875 Old Highway 60 W, West Paducah, KY, 42086
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $430K
- **Initial approval:** $430K
- **Forgiven:** $433K (101%)
- **Forgiveness date:** 02/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $430K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Independence Bank of Kentucky
- **Servicing:** Independence Bank of Kentucky (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*