PPP Loan information for City of genoa

$841,442

City of genoa was initially approved for PPP Loan of amount $841,442, the current approved amount is $841,442. The loan was approved on 04/27/2020 by The Genoa Community Bank reported 120 jobs and $841,442 was used to fund payroll.

City of genoa is Existing or more than 2 years old

CITY OF GENOA

Date Approved

04/27/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

CITY OF GENOA

Borrower Address

706 Ewing Avenue

Borrower City

GENOA

Borrower State

NE

Borrower Zip

68640-3035

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

841442.15

Current Approval Amount

841442.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42197

Servicing Lender Name

Genoa Community Bank

Servicing Lender Address

502 Willard Ave

Servicing Lender City

GENOA

Servicing Lender State

NE

Servicing Lender Zip

68640

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GENOA

Project County Name

NANCE

Project State

NE

Project Zip

68640-3035

CD

NE-03

Jobs Reported

120

NAICS Code

622110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

100000.00

Payroll Proceed

673153.72

Mortgage Interest Proceed

68288.43

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

42197

Originating Lender

Genoa Community Bank

Originating Lender City

GENOA

Originating Lender State

NE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

850156.26

Forgiveness Date

05/18/2021

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