PPP Loan information for Gates builders, inc

$115,497

Gates builders, inc was initially approved for PPP Loan of amount $115,497, the current approved amount is $115,497. The loan was approved on 04/15/2020 by The First Cahawba Bank reported 13 jobs and $115,497 was used to fund payroll.

Gates builders, inc is Existing or more than 2 years old

GATES BUILDERS, INC

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

GATES BUILDERS, INC

Borrower Address

9153 Hard Dr

Borrower City

FOLEY

Borrower State

AL

Borrower Zip

36535-3778

Loan Status Date

03/26/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115497.00

Current Approval Amount

115497.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

450245

Servicing Lender Name

First Cahawba Bank

Servicing Lender Address

2610 Citizens Pkwy

Servicing Lender City

SELMA

Servicing Lender State

AL

Servicing Lender Zip

36701-4037

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FOLEY

Project County Name

BALDWIN

Project State

AL

Project Zip

36535-3778

CD

AL-01

Jobs Reported

13

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

115497.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

450245

Originating Lender

First Cahawba Bank

Originating Lender City

SELMA

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

116687.26

Forgiveness Date

04/22/2021

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