Gateway Motors, Inc.

$224,200 PPP Loan in Broken Bow, Nebraska

Loan Details

Loan Number
5079427007
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$224,200
Current Approval
$169,600
Forgiveness Amount
$170,717
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Gateway Motors, Inc.
Address
436 S 1st Ave
ZIP Code
68822-2216
Business Type
Corporation
Industry (NAICS)
Retail Trade (441228)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NE-03

Loan Use Breakdown

Payroll
$135,738
Rent
$8,000
Utilities
$5,000
Mortgage Interest
$20,862

Lender Information

Servicing Lender
Pinnacle Bank
Originating Lender
Pinnacle Bank

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