Shell Programming and Scripting

Hi
I have wrote the small script, where $SRC=$HOME
the input file is simple text file having directories in my $SRC on pre line

Code:

desktop
download
myfiles
games

Code:

#!/bin/bash
FILENAME=$1
ERROR_LOG="$SRC/err.$$.log"
while read line
do
   echo "########## strat Gmake $line #######" >$ERROR_LOG
   echo $line >>$ERROR_LOG
   cd $SRC
   cd  $line
   echo `pwd` >>$ERROR_LOG
   #gmake
   cd $SRC
   echo "############ End of Gmake $line #######">>err.$$.log
done < $FILENAME

I am expecting this to print [strat Gmake $line] .... [End of Gmake $line] section for every directory, available in the input file.

Kindly help to if my expectation is wrong from this code ... as I m not getting desired result. it is just printing the section [strat Gmake $line] .. [End of Gmake $line] for last directory in the input file.

Someone help me out to understand where is the catch