Gateway Industrial Power, Inc.

$2,934,200 PPP Loan in Collinsville, Illinois

Loan Details

Loan Number
5910367010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$2,934,200
Current Approval
$2,934,200
Forgiveness Amount
$2,970,633
Forgiveness Date
Jul 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gateway Industrial Power, Inc.
Address
921 Fournie Lane
ZIP Code
62234-7430
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423110)
Business Age
Existing or more than 2 years old
Jobs Reported
225
Estimated Revenue
$68.9M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$2,934,200

Lender Information

Servicing Lender
Commerce Bank
Originating Lender
Commerce Bank

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