PPP Loan information for Gencon inc.

$1,052,000

Gencon inc. was initially approved for PPP Loan of amount $1,052,000, the current approved amount is $1,052,000. The loan was approved on 03/13/2021 by The Webster Bank National Association reported 36 jobs and $1,052,000 was used to fund payroll.

Gencon inc. is Existing or more than 2 years old

PPP Loan Search / MA / Methuen / Gencon inc.

GENCON INC.

Date Approved

03/13/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

GENCON INC.

Borrower Address

33 Lawrence St

Borrower City

Methuen

Borrower State

MA

Borrower Zip

01844-4445

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1052000.00

Current Approval Amount

1052000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Methuen

Project County Name

ESSEX

Project State

MA

Project Zip

01844-4445

CD

MA-03

Jobs Reported

36

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1051998.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1057274.41

Forgiveness Date

09/17/2021

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