Date Approved
04/28/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
GATEWAY RESTAURANTS, INC
Borrower Address
4320 COLONVILLE RD po box 29
Borrower City
CLARE
Borrower State
MI
Borrower Zip
48617-8934
Loan Status Date
09/15/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
7127.00
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
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
Project State
Project Zip
CD
MI-02
Jobs Reported
2
NAICS Code
531120
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
2777.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
3850.00
Debt Interest Proceed
500
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
7219.36
Forgiveness Date
08/18/2021