# PPP loan: HIGH GEAR LLC
> **$300K** approved 05/02/2021 · Paid in Full · Loan `6654698909`
## Borrower
- **Name:** HIGH GEAR LLC
- **Address:** 554 Adams Ave, Memphis, TN, 38103-1944
- **NAICS:** 423110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 01/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $300K
- **Utilities:** $1
- **Jobs reported:** 38
## Lender
- **Originating:** Guaranty Bank & Trust Company
- **Servicing:** Guaranty Bank & Trust Company (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*