# PPP loan: GATE EMBROIDERY NY 2, INC
> **$200K** approved 04/30/2020 · Charged Off · Loan `4895007308`
## Borrower
- **Name:** GATE EMBROIDERY NY 2, INC
- **Address:** 1121-F Lincoln Avenue, Holbrook, NY, 11741
- **NAICS:** 541490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Debt interest:** $200K
- **Jobs reported:** 32
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*