# PPP loan: GATE-IT ACCESS SYSTEMS, INC.
> **$242K** approved 04/27/2020 · Paid in Full · Loan `5060127207`
## Borrower
- **Name:** GATE-IT ACCESS SYSTEMS, INC.
- **Address:** 200 TIERRA DEL SOL NW, ALBUQUERQUE, NM, 87114-1507
- **NAICS:** 332510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $245K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $242K
- **Jobs reported:** 20
## Lender
- **Originating:** Western Commerce Bank
- **Servicing:** Western Commerce Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*