Gateway Ford, Inc.

$351,433 PPP Loan in Ponchatoula, Louisiana

Loan Details

Loan Number
6453377000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$351,433
Current Approval
$351,433
Forgiveness Amount
$355,025
Forgiveness Date
Apr 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gateway Ford, Inc.
Address
1133 Highway 51
ZIP Code
70454-7302
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.6M
Rural/Urban
Rural
Congressional District
LA-01

Loan Use Breakdown

Payroll
$309,758
Rent
$23,000
Utilities
$6,175
Health Care
$12,500

Lender Information

Servicing Lender
The First Bank
Originating Lender
The First Bank

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