Date Approved
02/24/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
GATCO INC.
Borrower Address
42330 Ann Arbor Rd E
Borrower City
Plymouth
Borrower State
MI
Borrower Zip
48170-4303
Loan Status Date
02/17/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
236030.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
119903
Servicing Lender Name
Bank of Ann Arbor
Servicing Lender Address
125 S Fifth Ave
Servicing Lender City
ANN ARBOR
Servicing Lender State
Servicing Lender Zip
48104-1910
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WAYNE
Project State
Project Zip
CD
MI-06
Jobs Reported
15
NAICS Code
327215
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
236029.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
238054.04
Forgiveness Date
01/06/2022