Gates Automotive Holdins, Inc.

$3,231,200 PPP Loan in South Bend, Indiana

Loan Details

Loan Number
3069957108
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$3,231,200
Current Approval
$3,231,200
Forgiveness Amount
$3,268,359
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gates Automotive Holdins, Inc.
Address
640 Ireland Rd
State
Indiana
ZIP Code
46614-3808
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
261
Estimated Revenue
$51.2M
Rural/Urban
Urban
Congressional District
IN-02

Loan Use Breakdown

Payroll
$2,423,400
Utilities
$807,800

Lender Information

Servicing Lender
First State Bank of Middlebury
Originating Lender
First State Bank of Middlebury

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