PPP Loan information for Genes electric, inc

$18,600

Genes electric, inc was initially approved for PPP Loan of amount $18,900, the current approved amount is $18,600. The loan was approved on 07/16/2020 by The Park State Bank reported 2 jobs and $18,600 was used to fund payroll.

Genes electric, inc is Existing or more than 2 years old

PPP Loan Search / MN / GRAND RAPIDS / Genes electric, inc

GENES ELECTRIC, INC

Date Approved

07/16/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GENES ELECTRIC, INC

Borrower Address

2709 JESSIE MINE RD

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744-4401

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

18900.00

Current Approval Amount

18600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

ITASCA

Project State

MN

Project Zip

55744-4401

CD

MN-08

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

18600.00

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

Subchapter S Corporation

Originating Lender Location Id

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

18698.17

Forgiveness Date

01/27/2021

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