PPP Loan information for Gateway motorcars inc

$527,100

Gateway motorcars inc was initially approved for PPP Loan of amount $527,100, the current approved amount is $527,100. The loan was approved on 04/10/2020 by The PNC Bank, National Association reported 42 jobs and $527,100 was used to fund payroll.

Gateway motorcars inc is Existing or more than 2 years old

GATEWAY MOTORCARS INC

Date Approved

04/10/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

GATEWAY MOTORCARS INC

Borrower Address

1425 EASTON RD

Borrower City

WARRINGTON

Borrower State

PA

Borrower Zip

18976-1503

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

527100.00

Current Approval Amount

527100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WARRINGTON

Project County Name

BUCKS

Project State

PA

Project Zip

18976-1503

CD

PA-01

Jobs Reported

42

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

527100.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

496481.21

Forgiveness Date

07/06/2021

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