PPP Loan information for Gateway restaurants inc.

$7,127

Gateway restaurants inc. was initially approved for PPP Loan of amount $7,127, the current approved amount is $7,127. The loan was approved on 01/23/2021 by The Mercantile Bank reported 2 jobs and $7,127 was used to fund payroll.

Gateway restaurants inc. is Existing or more than 2 years old

PPP Loan Search / MI / Clare / Gateway restaurants inc.

GATEWAY RESTAURANTS INC.

Date Approved

01/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

GATEWAY RESTAURANTS INC.

Borrower Address

4320 E Colonville Rd

Borrower City

Clare

Borrower State

MI

Borrower Zip

48617-8934

Loan Status Date

06/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

7127.00

Current Approval Amount

7127.00

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

MI

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

Clare

Project County Name

CLARE

Project State

MI

Project Zip

48617-8934

CD

MI-02

Jobs Reported

2

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

7126.00

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

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4895.68

Forgiveness Date

05/12/2022

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