# PPP loan: GATES MACHINE AND FABRICATION INC
> **$334K** approved 01/28/2021 · Paid in Full · Loan `7576468309`
## Borrower
- **Name:** GATES MACHINE AND FABRICATION INC
- **Address:** 8025 Jethro Ln, San Antonio, TX, 78266-2174
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $334K
- **Initial approval:** $334K
- **Forgiven:** $337K (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $334K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** Broadway National Bank
- **Servicing:** Broadway National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*