PPP Loan information for Gates truck and auto center

$30,981

Gates truck and auto center was initially approved for PPP Loan of amount $30,981, the current approved amount is $30,981. The loan was approved on 01/16/2021 by The Nantahala Bank & Trust Company reported 4 jobs and $30,981 was used to fund payroll.

Gates truck and auto center is Existing or more than 2 years old

GATES TRUCK AND AUTO CENTER

Date Approved

01/16/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

GATES TRUCK AND AUTO CENTER

Borrower Address

774 E Main St

Borrower City

Franklin

Borrower State

NC

Borrower Zip

28734-2674

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

30981.00

Current Approval Amount

30981.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

398145

Servicing Lender Name

Nantahala Bank & Trust Company

Servicing Lender Address

120 Siler Rd

Servicing Lender City

FRANKLIN

Servicing Lender State

NC

Servicing Lender Zip

28734-1985

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Franklin

Project County Name

MACON

Project State

NC

Project Zip

28734-2674

CD

NC-11

Jobs Reported

4

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

30978.00

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

Partnership

Originating Lender Location Id

398145

Originating Lender

Nantahala Bank & Trust Company

Originating Lender City

FRANKLIN

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

31104.06

Forgiveness Date

06/15/2021

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