# PPP loan: GEARGRID LLC
> **$389K** approved 01/28/2021 · Paid in Full · Loan `7517308307`
## Borrower
- **Name:** GEARGRID LLC
- **Address:** 670 15th St SW, Forest Lake, MN, 55025-1309
- **NAICS:** 332618
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $389K
- **Initial approval:** $389K
- **Forgiven:** $391K (100%)
- **Forgiveness date:** 06/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $389K
- **Jobs reported:** 33
## Lender
- **Originating:** Scale Bank
- **Servicing:** Scale Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*