PPP Loan information for Genesis automotive group inc.

$1,603,310

Genesis automotive group inc. was initially approved for PPP Loan of amount $1,603,310, the current approved amount is $1,603,310. The loan was approved on 04/08/2020 by The The Huntington National Bank reported 139 jobs and $1,603,310 was used to fund payroll.

Genesis automotive group inc. is Existing or more than 2 years old

GENESIS AUTOMOTIVE GROUP INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GENESIS AUTOMOTIVE GROUP INC.

Borrower Address

19900 E 9 MILE RD

Borrower City

SAINT CLAIR SHORES

Borrower State

MI

Borrower Zip

48080-1756

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1603310.00

Current Approval Amount

1603310.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAINT CLAIR SHORES

Project County Name

MACOMB

Project State

MI

Project Zip

48080-1756

CD

MI-10

Jobs Reported

139

NAICS Code

441110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1603310.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1616487.89

Forgiveness Date

02/19/2021

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