PPP Loan information for Gates concrete and construction inc

$254,400

Gates concrete and construction inc was initially approved for PPP Loan of amount $254,400, the current approved amount is $254,400. The loan was approved on 04/15/2020 by The United Community Bank reported 26 jobs and $254,400 was used to fund payroll.

Gates concrete and construction inc is Existing or more than 2 years old

GATES CONCRETE AND CONSTRUCTION INC

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

GATES CONCRETE AND CONSTRUCTION INC

Borrower Address

300 Citation Lane

Borrower City

SMITHFIELD

Borrower State

NC

Borrower Zip

27577

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

254400.00

Current Approval Amount

254400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SMITHFIELD

Project County Name

JOHNSTON

Project State

NC

Project Zip

27577-0001

CD

NC-13

Jobs Reported

26

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

254400.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

255773.06

Forgiveness Date

11/12/2020

;