Date Approved
04/14/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
GATEWAY REFRIGERATION, INC
Borrower Address
32 CONSUMERS ENERGY PKWY
Borrower City
CLARE
Borrower State
MI
Borrower Zip
48617-9540
Loan Status Date
12/17/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
91550.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
122287
Servicing Lender Name
Mercantile Bank
Servicing Lender Address
310 Leonard St NW
Servicing Lender City
GRAND RAPIDS
Servicing Lender State
Servicing Lender Zip
49504-4224
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
Project State
Project Zip
CD
MI-02
Jobs Reported
11
NAICS Code
238220
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
9980.00
Payroll Proceed
36620.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
44950.00
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
92089.27
Forgiveness Date
11/19/2020