Gateway of Sturgis, L.l.c.
$517,200 PPP Loan in Sturgis, Michigan
Loan Details
- Loan Number
- 5567677000
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $517,200
- Current Approval
- $517,200
- Forgiveness Amount
- $521,409
- Forgiveness Date
- Feb 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Gateway of Sturgis, L.l.c.
- Address
- 227 W Chiago St
- City
- Sturgis
- State
- Michigan
- ZIP Code
- 49091-1706
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Ford Motor Company Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 58
- Estimated Revenue
- $14.6M
- Rural/Urban
- Rural
- Congressional District
- MI-05
Loan Use Breakdown
- Payroll
- $397,845
- Rent
- $48,000
- Utilities
- $55,416
- Health Care
- $15,939
Lender Information
- Servicing Lender
- Lake City Bank
- Originating Lender
- Lake City Bank
Other PPP Loans in Sturgis, MI
| Business | Approved | |
|---|---|---|
| Guardiantrac, LLC | $3,027,210 | |
| Basin Material Handling LLC | $2,612,804 | |
| Sturgis Molded Products Company | $2,161,208 | |
| Sturgis Molded Products Company | $2,000,000 | |
| Sturgis Hospital Inc. | $1,666,392 |
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