5TH GEAR AUTO REPAIR.LLC (TX) - 2020 PPP Loan Borrower Profile (# 3968248401)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 5TH GEAR AUTO REPAIR.LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Texas.

Loan Detail

Loan Number

3968248401

SBA Office Code

0671

Processing Method

PPP

Curent Loan Amount

$1,260

Date Loan was Approved

Feb 5, 2021

Amount Forgiven

Date Loan was Forgiven

Loan Status

Charged Off

Loan Term

25 Months

Payroll Proced

1,259

Lender

Readycap Lending, LLC

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

811198

Borrower Location

Houston, TX

Project Location

Houston, TX

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.