# PPP loan: GATES WASHER & MANUFACTURING LLC
> **$206K** approved 01/17/2021 · Paid in Full · Loan `1466688307`
## Borrower
- **Name:** GATES WASHER & MANUFACTURING LLC
- **Address:** 5211 N Otto Ave, Chicago, IL, 60656-1010
- **NAICS:** 332722
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $207K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $206K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** Time Bank
- **Servicing:** Time Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*