PPP Loan information for Genesis electric inc

$88,400

Genesis electric inc was initially approved for PPP Loan of amount $89,400, the current approved amount is $88,400. The loan was approved on 04/15/2020 by The PNC Bank, National Association reported 11 jobs and $88,400 was used to fund payroll.

Genesis electric inc is Existing or more than 2 years old

GENESIS ELECTRIC INC

Date Approved

04/15/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

GENESIS ELECTRIC INC

Borrower Address

2535 STATE ROUTE 141

Borrower City

IRONTON

Borrower State

OH

Borrower Zip

45638-2374

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89400.00

Current Approval Amount

88400.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

IRONTON

Project County Name

LAWRENCE

Project State

OH

Project Zip

45638-2374

CD

OH-02

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

88400.00

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

85833.55

Forgiveness Date

06/08/2021

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