PPP Loan information for Gateway manufacturing, inc. & geg llc

$322,500

Gateway manufacturing, inc. & geg llc was initially approved for PPP Loan of amount $322,500, the current approved amount is $322,500. The loan was approved on 04/08/2020 by The Traditional Bank, Inc. reported 32 jobs and $322,500 was used to fund payroll.

Gateway manufacturing, inc. & geg llc is Existing or more than 2 years old

GATEWAY MANUFACTURING, INC. & GEG LLC

Date Approved

04/08/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

GATEWAY MANUFACTURING, INC. & GEG LLC

Borrower Address

2671 OWINGSVILLE RD

Borrower City

MOUNT STERLING

Borrower State

KY

Borrower Zip

40353-9052

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

322500.00

Current Approval Amount

322500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27631

Servicing Lender Name

Traditional Bank, Inc.

Servicing Lender Address

49 W Main St

Servicing Lender City

MOUNT STERLING

Servicing Lender State

KY

Servicing Lender Zip

40353-1316

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT STERLING

Project County Name

MONTGOMERY

Project State

KY

Project Zip

40353-9052

CD

KY-06

Jobs Reported

32

NAICS Code

334111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

322500.00

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

Corporation

Originating Lender Location Id

27631

Originating Lender

Traditional Bank, Inc.

Originating Lender City

MOUNT STERLING

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

325150.68

Forgiveness Date

02/12/2021

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