# PPP loan: GATESVILLE MOTOR PRODUCTS LP
> **$275K** approved 04/11/2020 · Paid in Full · Loan `3132607101`
## Borrower
- **Name:** GATESVILLE MOTOR PRODUCTS LP
- **Address:** 210 S HWY 36 BYPASS, GATESVILLE, TX, 76528
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $278K (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $275K
- **Jobs reported:** 26
## Lender
- **Originating:** IberiaBank, A Division of First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*