PPP Loan information for Gate city electric llc

$631,600

Gate city electric llc was initially approved for PPP Loan of amount $631,600, the current approved amount is $631,600. The loan was approved on 04/13/2020 by The Enterprise Bank and Trust Company reported 45 jobs and $631,600 was used to fund payroll.

Gate city electric llc is Existing or more than 2 years old

PPP Loan Search / NH / NASHUA / Gate city electric llc

GATE CITY ELECTRIC LLC

Date Approved

04/13/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

GATE CITY ELECTRIC LLC

Borrower Address

31 WILL ST

Borrower City

NASHUA

Borrower State

NH

Borrower Zip

03060-3083

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

631600.00

Current Approval Amount

631600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NASHUA

Project County Name

HILLSBOROUGH

Project State

NH

Project Zip

03060-3083

CD

NH-02

Jobs Reported

45

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

573200.00

Mortgage Interest Proceed

18600.00

Rent Proceed

13400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

24400.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

637635.29

Forgiveness Date

04/02/2021

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