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Gateway Rail Services, Inc.

$250,265 PPP Loan in Madison, Illinois

Loan Details

Loan Number
6387907201
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$250,265
Current Approval
$250,265
Forgiveness Amount
$252,948
Forgiveness Date
May 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gateway Rail Services, Inc.
Address
1980 3rd Street
City
Madison
State
Illinois
ZIP Code
62060
Business Type
Corporation
Industry (NAICS)
Manufacturing (336510)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$6.0M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$187,699
Rent
$50,053
Utilities
$12,513

Lender Information

Servicing Lender
Carrollton Bank
Originating Lender
Carrollton Bank

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