# PPP loan: AMERICAS GATEWAY INC.
> **$540K** approved 01/22/2021 · Charged Off · Loan `4109768302`
## Borrower
- **Name:** AMERICAS GATEWAY INC.
- **Address:** 1007 N AMERICA WAY, MIAMI, FL, 33132
- **NAICS:** 561599
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $540K
- **Initial approval:** $540K
- **Forgiven:** $224K (42%)
- **Forgiveness date:** 07/06/2022
- **Status:** Charged Off
- **Term:** 180 months
## Use of funds
- **Payroll:** $540K
- **Jobs reported:** 25
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*