PPP Loan information for Gateway motors, inc.

$169,600

Gateway motors, inc. was initially approved for PPP Loan of amount $224,200, the current approved amount is $169,600. The loan was approved on 04/05/2020 by The Pinnacle Bank reported 15 jobs and $169,600 was used to fund payroll.

Gateway motors, inc. is Existing or more than 2 years old

PPP Loan Search / NE / BROKEN BOW / Gateway motors, inc.

GATEWAY MOTORS, INC.

Date Approved

04/05/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

GATEWAY MOTORS, INC.

Borrower Address

436 S 1ST AVE

Borrower City

BROKEN BOW

Borrower State

NE

Borrower Zip

68822-2216

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

224200.00

Current Approval Amount

169600.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

42565

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

1401 'N' St

Servicing Lender City

LINCOLN

Servicing Lender State

NE

Servicing Lender Zip

68508

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROKEN BOW

Project County Name

CUSTER

Project State

NE

Project Zip

68822-2216

CD

NE-03

Jobs Reported

15

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

135738.00

Mortgage Interest Proceed

20862.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

42565

Originating Lender

Pinnacle Bank

Originating Lender City

LINCOLN

Originating Lender State

NE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

170716.53

Forgiveness Date

12/09/2020

;