PPP Loan information for Genesar inc

$898,940

Genesar inc was initially approved for PPP Loan of amount $898,940, the current approved amount is $898,940. The loan was approved on 01/30/2021 by The PNC Bank, National Association reported 83 jobs and $898,940 was used to fund payroll.

Genesar inc is Existing or more than 2 years old

PPP Loan Search / MD / Ocean City / Genesar inc

GENESAR INC

Date Approved

01/30/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

GENESAR INC

Borrower Address

2800 N Baltimore Ave

Borrower City

Ocean City

Borrower State

MD

Borrower Zip

21842-3442

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

898940.00

Current Approval Amount

898940.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ocean City

Project County Name

WORCESTER

Project State

MD

Project Zip

21842-3442

CD

MD-01

Jobs Reported

83

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

898935.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

905607.14

Forgiveness Date

10/28/2021

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