# PPP loan: GATES CUSTOM MILLING, INC.
> **$630K** approved 04/10/2020 · Paid in Full · Loan `2144477102`
## Borrower
- **Name:** GATES CUSTOM MILLING, INC.
- **Address:** 681 NC 37 S PO Box 405, GATESVILLE, NC, 27938
- **NAICS:** 333517
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $630K
- **Initial approval:** $630K
- **Forgiven:** $634K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $630K
- **Jobs reported:** 62
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*