PPP Loan information for Gates automotive holdins, inc.

$3,231,200

Gates automotive holdins, inc. was initially approved for PPP Loan of amount $3,231,200, the current approved amount is $3,231,200. The loan was approved on 04/11/2020 by The First State Bank of Middlebury reported 261 jobs and $3,231,200 was used to fund payroll.

Gates automotive holdins, inc. is Existing or more than 2 years old

PPP Loan Search / IN / SOUTH BEND / Gates automotive holdins, inc.

GATES AUTOMOTIVE HOLDINS, INC.

Date Approved

04/11/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

GATES AUTOMOTIVE HOLDINS, INC.

Borrower Address

640 IRELAND RD

Borrower City

SOUTH BEND

Borrower State

IN

Borrower Zip

46614-3808

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3231200.00

Current Approval Amount

3231200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23975

Servicing Lender Name

First State Bank of Middlebury

Servicing Lender Address

111 S Main St

Servicing Lender City

MIDDLEBURY

Servicing Lender State

IN

Servicing Lender Zip

46540

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOUTH BEND

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46614-3808

CD

IN-02

Jobs Reported

261

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

807800.00

Payroll Proceed

2423400.00

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

Subchapter S Corporation

Originating Lender Location Id

23975

Originating Lender

First State Bank of Middlebury

Originating Lender City

MIDDLEBURY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3268358.80

Forgiveness Date

06/09/2021

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