Date Approved
04/09/2020
SBA Office Code
0875
Processing Method
PPP
Borrower Name
GATEWAY AUTO TECH, INC.
Borrower Address
2205 Gateway Drive
Borrower City
GRAND FORKS
Borrower State
ND
Borrower Zip
58203-1410
Loan Status Date
01/14/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
75750.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38689
Servicing Lender Name
Frandsen Bank & Trust
Servicing Lender Address
116 W Central St
Servicing Lender City
LONSDALE
Servicing Lender State
MN
Servicing Lender Zip
55046-9626
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
Project State
Project Zip
CD
ND-
Jobs Reported
5
NAICS Code
441310
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
7500.00
Payroll Proceed
56900.00
Mortgage Interest Proceed
11350.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
71178.38
Forgiveness Date
11/27/2020